ISDA response to ESMA’s Consultation Paper on Draft regulatory technical standards under the Benchmarks Regulation

On June 8, ISDA submitted a response to the European Securities and Markets Authority (ESMA) consultation on draft regulatory technical standards (RTS) under the European Benchmarks Regulation (BMR) covering governance, methodology, infringements reporting and critical benchmarks, as mandated under the European Supervisory Authorities review. ESMA is expected to submit the draft RTS to the European Commission (EC) by October 2020. The EC will then have up to a period of three months to adopt the draft RTS.

Documents (1) for ISDA response to ESMA’s Consultation Paper on Draft regulatory technical standards under the Benchmarks Regulation

ISDA Letter to BCBS on RMA Models

On July 24, ISDA wrote to the Basel Committee on Banking Supervision (BCBS) to request guidance on how the proposed Risk Mitigation Accounting (RMA) model under International Financial Reporting Standard (IFRS) 9/IFRS 7 should be treated for prudential regulatory capital...