IQ in Brief: Regional Events Special

ISDA’s Regional Events in October covered a variety of key issues for derivatives markets, including LIBOR transition, sustainable finance, clearing equivalence and the digitisation of derivatives markets.

O’Malia: ISDA Committed to Supporting Green Transition

Financial markets have a critical role to play in mobilising the estimated $110 trillion in capital that is needed to transition to a green economy and ISDA is committed to promoting  legal certainty, standards and best practices to support the transition, ISDA chief executive Scott O’Malia has said.

Litvack: Capital Treatment of Carbon Credits Critical

Carbon trading markets will likely play an important role in helping countries meet their emissions-reduction targets, but appropriate capital treatment of carbon credits is essential to ensure this market can function efficiently, according to Eric Litvack, chairman of ISDA.

Act Now on US Dollar LIBOR, says New York Fed’s Wuerffel

Firms should act now to reduce their use of US dollar LIBOR, ahead of a year-end supervisory deadline to halt new US dollar LIBOR trades, says Nate Wuerffel, senior vice president in the markets group at the Federal Reserve Bank of New York.

Effective Regulation Critical for UK Finance, says HM Treasury

The UK government is seeking to set openness, innovation, sustainability and competitiveness at the core of its financial services sector as it reviews the regulatory framework following Brexit, according to Richard Knox, co-director of the financial services group at HM Treasury.

Also In This Issue:

  • Work Together with Urgency on LIBOR Transition
  • European Commission Considering Industry Feedback on Euro Clearing Relocation
  • Digitisation Addresses Patchwork Documentation
  • Thanks to Our Sponsors

Please click on the PDF below to read the full issue.

Documents (1) for IQ in Brief: Regional Events Special

ISDA Response on Hedge Accounting Guidance

On August 14, ISDA responded to an exposure draft from the Financial Accounting Standards Board (FASB). ISDA broadly supports the FASB’s proposed targeted improvements to hedge accounting, including allowing interest rate hedging of held-to-maturity (HTM) debt securities, recognizing all Secured...

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...

Response on CSDD Guidelines

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...