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.
Documents (1) for ISDA Responds to ESMA Consultation on Reporting by NFRD Entities
Latest
Episode 56: Countdown to Treasury Clearing
With less than nine months to go until the first US Treasury clearing mandates come into force, BlackRock’s Tyler Wellensiek and BNY’s Nate Wuerffel discuss industry progress. Please view this page via Chrome to access the recording.
Response to Eurosystem Consultation on Appia
On April 22, ISDA responded to the Eurosystem consultation on the Appia roadmap. ISDA broadly supports the roadmap and its high level principles, while recommending that the principle on market access and integration should be expanded to explicitly address interoperability...
ISDA Responds to ESMA on PTRR Clearing Exemption
On April 20, ISDA submitted a response to the European Securities and Markets Authority (ESMA) consultation paper on a draft regulatory technical standard (RTS) for the post-trade risk reduction (PTRR) exemption from the derivatives clearing obligation under Article 4b of the...
Response on Competitiveness of EU Banking Sector
On April 17, ISDA responded to the European Commission’s (EC) targeted consultation on the competitiveness of the EU banking sector. The EU is aiming to bolster the ability of its financial markets and banking sector to grow, remain competitive and...