ISDA Responds to ESAP Proposal Consultation

On March 28, ISDA and the Global Foreign Exchange Division submitted a joint response to the European Commission’s (EC) Better Regulation consultation on its proposal for the establishment of a European Single Access Point (ESAP).

In the response, the associations discuss the scope of ESAP, recommending an initial focus on the most important ‘raw’ company information, in particular with respect to sustainability-related data points. In addition, the associations highlight the need for machine readability and access to individuals. Another aspect of the response discusses the EC’s suggested implementation timeline, with the associations suggesting a more flexible approach based on the assessment of use cases.

Documents (1) for ISDA Responds to ESAP Proposal Consultation

ISDA Publishes Updated ISDA SIMM Governance

ISDA has published an updated version of the ISDA SIMM® Governance Framework, which sets out the principles under which the ISDA Standard Initial Margin Model® operates and the process through which it will be reviewed and amended on a consistent...

ISDA Response to PRA IMA Consultation

On September 18, ISDA, the Association for Financial Markets in Europe, the Institute of International Finance and UK Finance submitted a joint response to the UK Prudential Regulation Authority consultation on adjustments to the internal model approach (IMA) for the...

Calibration Test – IQ September 2026

Calibrating capital requirements is a highly complex undertaking and getting it wrong can have serious consequences. Too much lenience might lead to banks holding insufficient capital to mitigate their risks. But excess conservatism can put balance sheets under strain, forcing...