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

ISDA Publishes FpML Version 5.14

ISDA has published a new version of its Financial products Markup Language (FpML), a widely used open-source standard for the electronic dealing and processing of derivatives transactions. The latest iteration – version 5.14 – incorporates several key modifications and updates...

Accounting for Tokenized Assets as Collateral

The use of tokenized assets as collateral for derivatives and securities financing transactions (SFTs) is emerging as a significant development in global capital markets. Financial institutions are increasingly evaluating tokenized representations of money market funds, government securities and other high-quality...