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
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Response to EC Consultation on MICA Review
On September 29, ISDA responded to the European Commission’s (EC) targeted consultation on the review of the Markets in Crypto-Assets Regulation (MICA). ISDA’s response focuses on tokenization in over-the-counter derivatives and collateral markets. It argues that tokenized collateral can enable...
ISDA DTF Hong Kong: Steven Kennedy Remarks
ISDA Derivatives Trading Forum Hong Kong November 12, 2026 Opening Remarks Steven Kennedy Global Head of Public Policy, ISDA Good morning, and welcome to the ISDA Derivatives Trading Forum. It’s great to be here in Hong Kong – thanks for...
2026 FX Definitions: Act Now
On November 22, 2027, the 2026 FX Definitions will come into effect. From that point, these definitions will become the market standard for all cleared and new non-cleared FX derivatives, and the Swift messaging service will halt its support of...
IRD Trading in Mainland China and Hong Kong
This report examines interest rate derivatives (IRD) trading activity in mainland China and Hong Kong in the first half of 2026. Onshore renminbi (RMB) IRD traded notional in mainland China rose to $3.4 trillion in the first half of 2026,...