Response to IASB on Amendments to IFRS 17

On September 25, ISDA responded to the International Accounting Standards Board’s (IASB) ED/2019/4 on amendments to IFRS 17. ISDA’s members are aware of the importance of the IASB’s proposal for the insurance industry, but are keen to highlight that the scope of IFRS 17 as proposed could affect certain IFRS 9 financial instruments, leading to unintended consequences.

Documents (1) for Response to IASB on Amendments to IFRS 17

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...