ISDA Responds to EC Consultation on MIFID II

On May 18, 2020, ISDA and FIA submitted their joint response to the European Commission’s (EC) consultation on the review of Markets in Financial Instruments Directive/ Regulation (MIFID II/MIFIR) framework. In the response, ISDA and FIA outline their members’ views with respect to the possible emergence of a consolidated tape for derivatives, the calibration of transparency regimes, the revision of commodity derivatives position limits, open access (to clearing houses or to exchanges) and the derivatives trading obligation, among other issues.

As a reminder, the European Commission published its consultation paper on the review of the regulatory framework for investment firms and markets operators under the MiFID II/ MiFIR based requirements on February 17, 2020.

Documents (1) for ISDA Responds to EC Consultation on MIFID II

US Treasury Repo Clearing Indicators May 2026

The ISDA-Actrix US Treasury Repo Market Clearing Indicators illustrate central clearing adoption in the US Treasury repo market. Sponsored cleared repo volumes are used as a proxy to monitor client participation in central clearing, the key objective of the Securities...

Eyeing the Basel III Finish Line

An effective regulatory capital framework relies on multiple ingredients, from appropriate drafting to rigorous testing and consultation. Even minor calibration distortions can inflate capital requirements, which could negatively affect the capacity of banks to support deep and liquid markets, with...