ISDA’s Response to EFRAG on Benchmark Reform

On May 20, ISDA responded to the European Financial Reporting Advisory Group’s (EFRAG) Pre-Consultation on Interest Rate Benchmark Reform – Phase 2 – Exposure Draft: ED/2020/1. ISDA supports the EFRAG’s efforts to provide input to the International Accounting Standards Board to amend international financial reporting standards in response to interbank offered rate reform, and agrees with the technical expert group views proposed in the consultation. The amendments are necessary to facilitate an orderly transition to risk-free rates.

Documents (1) for ISDA’s Response to EFRAG on Benchmark Reform

ISDA Comments on EP's MISP Draft Reports

On July 15, ISDA shared comments with policymakers in the European Union on the European Parliament’s (EP) draft reports by Member of the European Parliament (MEP) Markus Ferber and MEP Eero Heinäluoma on the Market Integration and Supervision Package (MISP)....

Building Markets, Creating Opportunity

Deep and liquid derivatives markets are fundamental to the development of well-functioning financial markets and healthy economies. They support lending, investment and financial stability, creating the certainty needed for economic growth. But strong derivatives markets do not emerge by chance....

Key Trends in OTC Derivatives Market H2 2025

The latest data from the Bank for International Settlements over-the-counter (OTC) derivatives statistics shows an increase in notional outstanding of OTC derivatives during the second half of 2025 compared to the same period in 2024. Notional outstanding rose across all...