On March 14, ISDA responded to the European Commission’s ‘Fitness Check’ of supervisory reporting requirements with several key recommendations, including:
- A ‘report once/permission access to data once’ regime: firms would produce a single dataset which the relevant regulators could cut to suit their particular regulatory objectives;
- Alignment of reporting rules across jurisdictions – including continued ISDA advocacy for single-sided reporting globally; and
- Supporting global harmonisation of the unique transaction identifier, unique product identifier and critical data elements of OTC derivatives reported to trade repositories.
Click on the link below for the full response.
Documents (1) for ISDA Responds to EC’s Supervisory Reporting Requirements ‘Fitness Check’
Latest
Response to CPMI-IOSCO Margin Proposals
On June 29, ISDA submitted a response to a consultation from the Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) on updated guidance and public quantitative disclosures to implement the 2025 margin proposals....
US Treasury Repo Clearing Indicators May 2026
The ISDA-Actrix US Treasury Repo Market Clearing Indicators illustrate central clearing adoption in the US Treasury repo market. Sponsored cleared repo volumes are used as a proxy to monitor client participation in central clearing, the key objective of the Securities...
ISDA, FIA, GFMA, CMC, CMCE Respond to IOSCO on Best Practices for OTC Commodity Derivatives
ISDA, FIA, the Global Financial Markets Association (GFMA), the Commodity Markets Council (CMC) and the Commodity Markets Council Europe (CMCE), have responded to the International Organization of Securities Commissions' (IOSCO) consultation report on best practices for over-the-counter (OTC) commodity derivatives...
Joint Response to 2026 US G-SIB Surcharge Proposal
On June 18, ISDA, the Securities Industry and Financial Markets Association and the Institute of International Finance submitted a joint response to US agencies on proposed changes to the surcharge for global systemically important banks (G-SIBs). The associations welcome the...