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

Letter on EU Legislative Reform

On July 1, ISDA and 11 other trade associations published a statement on enhancing the EU legislative and supervisory framework to support market competitiveness. The statement highlights a significant opportunity to strengthen the EU’s regulatory and supervisory framework through the...

Response to CPMI-IOSCO Margin Proposals

On June 29, ISDA submitted a response to a consultation from the Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) on updated guidance and public quantitative disclosures to implement the 2025 margin proposals....

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...