ISDA supports the European Securities and Markets Authority’s (ESMA) final report on the clearing obligation under the European Market Infrastructure Regulation (EMIR), proposing an extension to December 21, 2020 of the deferred dates of application of the clearing obligation to intragroup transactions. We ask the European Commission to endorse ESMA’s proposed regulatory technical standards without amendments while also calling for actions regarding the need for regulatory forbearance.
Click on the attached PDF to read the letter in full.
Documents (1) for Letter to EC on Extension of Deferred Dates for Clearing of Intragroup Transactions
Latest
From Milestone to Modernization
We’re coming to the end of an exceptionally busy year at ISDA, in which we celebrated our 40th anniversary and doubled down on our enduring commitment to safe and efficient derivatives markets. Reflecting on ISDA’s achievements since 1985, it’s clear...
Response on ASIC Derivative Transaction Rules
On December 3, ISDA submitted a response to the Australian Securities and Investments Commission (ASIC) consultation on the remake of the ASIC Derivative Transaction Rules (Clearing) 2015, which are due to sunset on April 1, 2026. ASIC proposed to remake...
IRD Trading Activity Q3 2025
This report analyzes interest rate derivatives (IRD) trading activity reported in Europe. The analysis is based on transactions publicly reported by 30 European approved publication arrangements (APAs) and trading venues (TVs). Key highlights for the third quarter of 2025 include:...
Ardagh Credit Event Processing and Trading
The Credit Derivatives Determinations Committee announced on December 15 that a restructuring credit event has occurred with respect to Ardagh. An ISDA Credit Market Infrastructure Group call was held on December 15 to discuss the processing of this event. The...
