GFMA-GFXD and ISDA Response to EC Consultation on Euro and Market Liquidity in FX Markets

Further to its communication on Towards a stronger international role of the euro published in December 2019, the European Commission launched a targeted consultation on the euro and market liquidity in foreign exchange markets in January 2019. ISDA and the Global Foreign Exchange Division of the Global Financial Markets Association (GFXD-GFMA) submitted their joint position on March 29, 2019.

Documents (1) for GFMA-GFXD and ISDA Response to EC Consultation on Euro and Market Liquidity in FX Markets

Safe, Efficient Markets for SFTs

Securities financing transactions (SFTs) – including repurchase agreements (repo), securities lending, buy/sell backs and margin lending – are foundational to the functioning of modern financial markets. They support the day-to-day distribution of liquidity, enable collateral to move efficiently across cash...

ISDA Recommendations to Simplify EU Regulation

On March 9, ISDA submitted a paper to the European Commission setting out focused proposals to improve the functioning of the EU regulatory framework for derivatives. The paper comprises eight targeted recommendations to simplify selected Level 1 provisions in a...