ISDA welcomes the final report of the European Securities and Markets Authority (ESMA) on the clearing Regulatory Technical Standards (clearing RTS) under the European Market Infrastructure Regulation (EMIR), proposing an extension of the equivalent derogation until December 21, 2020. We ask the European Commission and European Supervisory Authorities to take a similar approach to the derogations under the margin RTS by extending these for two additional years. ISDA believes that an extension would prevent market fragmentation and instability until further equivalence decisions can be adopted.
Documents (1) for Letter to EC and ESAs on Time-limited Derogations for Intragroup Transactions and Equity Options and Indexes
Latest
ISDA-SIFMA letter to SEC on Swap Dealer Thresholds
ISDA and SIFMA have submitted a comment letter to the SEC in response to the staff report on the definitions of “security-based swap dealer” and “major security-based swap participant.” The associations recommend maintaining the current de minimis thresholds for both...
ISDA responds to RBI consultation on SA-CCR
On July 1, ISDA responded to the Reserve Bank of India's (RBI) consultation on draft amendment directions on the standardized approach for counterparty credit risk (SA-CCR). ISDA broadly welcomes the RBI's move to SA-CCR and updated capital treatment for exposures...
Data Subject Access Request Form
Pursuant to its mission to promote safe and efficient markets within the over-the-counter (OTC) derivatives industry, The International Swaps and Derivatives Association, Inc. (ISDA) processes personal data of its employees, members and non-members (for example individuals attending ISDA conferences or...
ISDA and GDF publish tokenization report
ISDA and Global Digital Finance have published a report that examines the viability of using tokenized money market funds (MMFs) as collateral for derivatives within existing US legal, regulatory and operational frameworks. Based on feedback from over 120 firms, the report...