Joint Response to EC on Consultations on Low Carbon Benchmark DAs

On May 6, 2020, ISDA and the Association for Financial Markets in Europe (AFME) submitted a joint response to the European Commission’s consultations on the three draft Delegated Acts (DAs), for the purpose of specifying requirements under the Low Carbon Benchmarks Regulation.

Documents (1) for Joint Response to EC on Consultations on Low Carbon Benchmark DAs

Remove Bureaucracy from Cross-margin Approvals

Cross-margining programs play a critical role in financial markets. By ensuring margin requirements more closely reflect the actual risk of a portfolio of products, they reduce liquidity strain and improve market efficiency, both of which will become even more important...

Joint Response on CCP Resolution

On September 7, ISDA and FIA responded to a Bank of England (BOE) discussion paper on central counterparty (CCP) resolution. The associations support greater clarity on valuation capabilities prior to a crisis scenario and the boundary between recovery and resolution,...