ISDA Comments on Establishment of a European Single Access Point

On January 15, ISDA submitted a response to the European Commission’s (EC) inception impact assessment on the establishment of a European single access point (ESAP) for financial and non-financial company information. In the response, ISDA highlighted the negative impact of environmental, social and governance data scarcity, the importance of machine-readability of data, and the need to establish non-financial reporting standards prior to digitization. The EC has indicated that a legislative proposal on the establishment of ESAP is expected in the third quarter of 2021.

Documents (1) for ISDA Comments on Establishment of a European Single Access Point

Remove Bureaucracy from Cross-margin Approvals

Cross-margining programs play a critical role in financial markets. By ensuring margin requirements more closely reflect the actual risk of a portfolio of products, they reduce liquidity strain and improve market efficiency, both of which will become even more important...

Joint Response on CCP Resolution

On September 7, ISDA and FIA responded to a Bank of England (BOE) discussion paper on central counterparty (CCP) resolution. The associations support greater clarity on valuation capabilities prior to a crisis scenario and the boundary between recovery and resolution,...