ISDA Responds to ESMA Consultation on Reporting by NFRD Entities

On December 4, ISDA submitted a response to the European Securities and Markets Authority’s (ESMA) consultation on reporting of non-financial information by entities in scope of the Non-Financial Reporting Directive (NFRD). The response highlights various perspectives that reflect the views of ISDA’s members and, in particular, those of non-financial members and of asset managers. In terms of next steps, the European supervisory authorities are meant to deliver their advice to the European Commission (EC) by February 28, 2021, and the EC is expected to adopt the delegated act on NFRD entity reporting under article 8 of the Taxonomy Regulation by June 1, 2021.

Assessing Tokenized MMFs as Eligible Collateral

Distributed ledger technology and digital assets have matured from their early stages to solutions capable of addressing longstanding inefficiencies in collateral management. Tokenized money market funds (TMMFs) represent a particularly promising area for the application of this technology, combining the...

Response to EC on Carbon Accounting

On October 5, ISDA responded to the Joint Research Centre (JRC) of the European Commission (EC) survey, drawing on input from five member firms across the banking, exchange and market-data sectors. The response highlighted broad support for internationally recognized carbon...