ISDA and FIA respond to ESMA Consultation on MAR Review

On November 29, 2019, ISDA and FIA submitted their joint response to the European Securities and Markets Authority’s (ESMA) consultation on the review of the Market Abuse Regulation (MAR) framework. In the response, ISDA and FIA outline their members’ views with respect to the need for separate definitions of inside information for the securities markets and commodity derivatives, the current regime applicable to front running and firms being able to implement their own plans and strategies for trading, production and hedging.

Documents (1) for ISDA and FIA respond to ESMA Consultation on MAR Review

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...

Refreshing the FX Definitions

A lot has changed in the FX derivatives market since 1998, when the last set of standard definitions for FX transactions were published. Trading volumes have grown substantially, and average daily turnover has risen by six times. Market practices have...