On March 11, ISDA and 14 other trade associations sent a letter to the European Commission and the European Securities and Markets Authority highlighting the industry’s concern with respect to implementation of the settlement discipline regime under the Central Securities Depositories Regulation (CSDR) and the mandatory buy-in requirements. A key concern for members is that the current legislative timetable requires market participants to proceed with a major implementation exercise without any indication of the scope or timing of the CSDR review process, which is not expected to be finalized sufficiently before the implementation date of the settlement discipline regime in February 2022.
Documents (1) for Joint Trade Associations Letter on the Implementation of the CSDR Settlement Discipline Regime
Latest
ISDA, GDF Respond to the Central Bank of Ireland on DLT and Tokenization
On June 3, ISDA and Global Digital Finance responded to the Central Bank of Ireland’s discussion paper on distributed ledger technology (DLT) and tokenization in financial services. The response focuses on the potential role of DLT and tokenization within wholesale...
Response to Consultation on Dividend Stripping
On May 28, ISDA and the Association for Financial Markets in Europe (AFME) responded to the Dutch Ministry of Finance’s consultation on additional anti-dividend stripping measures, urging that the proposed rules should target only abusive arrangements and not ordinary, commercially...
Episode 58: The AGM Agenda
This year’s ISDA Annual General Meeting featured discussions on the growth of digital assets and tokenized collateral, how AI is being used in financial services and changes to the regulatory framework. The Swap looks back at the conversations. Please view...
Market Transformation – IQ May 2026
On the 250th anniversary of American independence, this year’s ISDA Annual General Meeting (AGM) was held in Boston, a city that played a prominent role in the American Revolution. In his opening remarks, ISDA chief executive Scott O’Malia drew a...