ISDA AGM 2019: Market Fragmentation – Key Issues and Impacts

The G20 has identified market fragmentation as a key issue to address this year. What’s driving the concern? How and where is fragmentation affecting the financial and derivatives markets? What can and should policymakers and market participants do about it?

  • Moderator: Steven Kennedy, Global Head of Public Policy, ISDA
  • Thijs Aaten, ISDA Board Member, Chief Finance and Risk Officer, APG Asset Management Asia
  • Jenny Cosco, Managing Director, Co-Head, Government Affairs Asia Pacific, Goldman Sachs (Asia) L.L.C.
  • Stephen M. Humenik, Of Counsel, Covington and Burling LLP
  • Patrick Pearson, Head of Financial Market Infrastructures and Derivatives, European Commission
  • Shunsuke Shirakawa, Vice Commissioner for International Affairs, Financial Services Agency (FSA), Japan

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...