On January 7, 2022, ISDA submitted a response to the Financial Conduct Authority’s (FCA) discussion paper on sustainability disclosure requirements and investment labels, which sets out criteria that could underpin a UK environmental, social and governance labelling system, as well as a minimum criteria for responsible or sustainable funds. In the response, ISDA highlights the role of derivatives in sustainable investing and their key role in achieving the goals outlined by the UK government in its green finance strategy. ISDA encourages the FCA to consider a principles-based approach to setting sustainability disclosure requirements and investment labels and advocates for the exclusion of derivatives traded on recognized investment exchanges from the proposed labelling regime.
Documents (1) for ISDA Responds to FCA on Sustainability Disclosure Discussion Paper
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ISDA Omnibus Canadian Representation Letter
On September 2, ISDA published the Omnibus Canadian Representation Letter, which combines previously published representation letters drafted to assist firms in compliance with Canadian trade reporting, business conduct, regulatory margin and clearing classification rules. The Omnibus Canadian Letter is designed...
Joint Response on Cross-margining
On August 31, ISDA and FIA submitted a letter to the US Commodity Futures and Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) on the agencies’ joint request for comment on the implementation of portfolio margining and cross-margining...
Accounting for Carbon Credits: Latest Developments
This paper updates and extends the analysis set out in ISDA’s October 2023 paper on accounting for carbon credits. While preserving the original focus on the accounting treatment of voluntary carbon credits (VCCs) and compliance carbon credits (CCCs), it expands...
Response to SEC on FICC Guaranty Fund
On September 1, ISDA and FIA submitted a joint response to the US Securities and Exchange Commission (SEC), supporting the Fixed Income Clearing Corporation’s (FICC) proposal to establish a dedicated guaranty fund at its government securities division (GSD). FICC had...