Trade Associations Send MIFIR Letter to ESMA

ISDA, AFME and GFXD have sent a letter to the European Securities and Markets Authority (ESMA) laying out some key outstanding uncertainties in the Markets In Financial Instruments Regulation (MIFIR) post-trade transparency framework for investment firms from an over-the-counter derivatives perspective. This concerns are in addition to the uncertainty around the acceptable trading protocols for package orders containing a component subject to the trading obligation, and the territorial scope of MIFIR obligations, which ESMA are understood to be currently considering.

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ISDA AGM Studio: Michelle Beck, FCA

Michelle Beck, director for wholesale buy‑side oversight at the Financial Conduct Authority, speaks with ISDA’s global head of public policy, Steven Kennedy, about the regulatory approach to systemic risk in non‑bank financial intermediation after a panel discussion on how robust...

Response to MAS on Treatment of Crypto Assets

On May 15, ISDA and the Asia Securities Industry and Financial Markets Association submitted a joint response to the Monetary Authority of Singapore’s (MAS) consultation, published in April 2026, on the prudential treatment of crypto assets on permissionless blockchains, welcoming MAS’s more...