On July 5, ISDA submitted a letter to the IFRS Foundation in response to its proposed targeted amendments to the IFRS Foundation Constitution to accommodate an International Sustainability Standards Board to set IFRS sustainability standards. ISDA recognizes that financial reporting alone does not provide investors and other stakeholders with a full enough picture of enterprise value and it is desirable to have consolidation of existing frameworks, methodologies and metrics for sustainability reporting. ISDA considers the proposal and the establishment of parallel workstreams to be key steps towards ensuring the IFRS Foundation can play an instrumental role in developing globally accepted sustainability reporting standards, leveraging its existing structures, due process and significant experience as a global standard-setter.
Documents (1) for ISDA Submits Letter on Amendments to IFRS Foundation Constitution
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Joint Response to EBA Consultation
On August 12, ISDA and the Association for Financial Markets in Europe (AFME) responded to the European Banking Authority’s discussion paper on certain taxonomy key performance indicators (KPIs) and other aspects of the Disclosures Delegated Act under Article 8 of...
Response to JSCC on Clearing Fund Consolidation
On August 12, ISDA responded to the Japan Securities Clearing Corporation’s (JSCC) consultation on its proposal to consolidate clearing fund consumption, calculation and deposit segmentation across six clearing qualifications under the Financial Instruments and Exchange Act. ISDA members broadly support...
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On August 6, ISDA responded to the European Commission’s (EC) consultation on due diligence guidelines under the Corporate Sustainability Due Diligence Directive (CSDDD). While ISDA acknowledges that model contractual clauses can be a helpful resource for in-scope companies, there are...
Response to BoE on Extension of Settlement Hours
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