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
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ISDA Market Practice Note for the Rebasing of European Inflation Indices
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Guidance for EU IM Model Application for ISDA SIMM®
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Joint Response on Stress Testing Framework
On February 23, ISDA, the Bank Policy Institute, the American Bankers Association, the Financial Services Forum, the Securities Industry and Financial Markets Association and the US Chamber of Commerce jointly responded to the US Federal Reserve’s consultation on the stress...
Joint Letter on Italian 2026 Budget Law
On February 23, ISDA, the Association for Financial Markets in Europe and the International Securities Lending Association jointly sent a letter to the Italian tax authorities about changes to withholding tax on dividends made in the 2026 budget law, which...