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
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...
Eyeing the Basel III Finish Line
An effective regulatory capital framework relies on multiple ingredients, from appropriate drafting to rigorous testing and consultation. Even minor calibration distortions can inflate capital requirements, which could negatively affect the capacity of banks to support deep and liquid markets, with...