ISDA and AFME Respond to ESMA’s Consultation on ESG Suitability Guidelines

On April 27, 2022, ISDA and the Association for Financial Markets in Europe submitted a joint response to the European Securities and Markets Authority’s consultation on its draft guidelines on sustainability aspects of the Markets in Financial Instruments Directive (MIFID II) suitability requirements. The associations highlight the need for a simplified procedure for the determination of a clients’ sustainability preferences. Of particular importance to ISDA members, the response highlights that environmental, social and governance suitability requirements should not be applicable when a client is pursuing hedging via over-the-counter derivatives.

Documents (1) for ISDA and AFME Respond to ESMA’s Consultation on ESG Suitability Guidelines

Assessing Tokenized MMFs as Eligible Collateral

Distributed ledger technology and digital assets have matured from their early stages to solutions capable of addressing longstanding inefficiencies in collateral management. Tokenized money market funds (TMMFs) represent a particularly promising area for the application of this technology, combining the...

Response to EC on Carbon Accounting

On October 5, ISDA responded to the Joint Research Centre (JRC) of the European Commission (EC) survey, drawing on input from five member firms across the banking, exchange and market-data sectors. The response highlighted broad support for internationally recognized carbon...