On June 12, 2020, ISDA and FIA submitted their joint response to the European Securities and Markets Authority’s (ESMA) consultation on the review of the MiFID II/MiFIR transparency regime for non-equity instruments and the derivatives trading obligation. In the response, ISDA and FIA outline their members’ views with respect to data harmonization, to the assessment of liquidity of sub-asset classes and the calibration of SSTI (Size Specific to the Instruments) and Large in Scale (LiS) transparency waivers and a review of the methodology used to determine the liquidity thresholds applied to commodity derivatives under ESMA RTS 2.
Documents (1) for Joint response to ESMA consultation on MiFID II/MiFIR transparency regime for non-equity instruments and DTO
Latest
RMB IRD Growth in Mainland China & Hong Kong
This report analyzes interest rate derivatives (IRD) activity in mainland China and Hong Kong, with a particular focus on renminbi (RMB)-denominated IRD. It examines market growth, structure and integration across onshore and offshore centers, and places these developments within the...
ISDA and SIFMA Comment on CFTC Proposed Revisions to Business Conduct and Swap Documentation Requirements
On October 24, 2025 ISDA and SIFMA submitted comments to the CFTC on its proposed Revisions to Business Conduct and Swap Documentation Requirements for Swap Dealers and Major Swap Participants. The proposal covers amendments to requirements related to external business...
Paper on Proposal 6 on Margin Transparency
On November 16, ISDA published a document that looked at proposal 6 in the final Basel Committee on Banking Supervision (BCBS), Committee on Payments and Market Infrastructures (CPMI) and International Organization of Securities Commissions (IOSCO) report on margin transparency. Proposal...
Tender Issued for DC Administrator Role
ISDA and the Credit Derivatives Governance Committee have issued an invitation to tender for an independent regulated entity to serve as the administrator for the Credit Derivatives Determinations Committees (DCs), which includes assuming the role of DC secretary. The DC...