ISDA Responds to UK Government on Green Finance Strategy

On June 22, ISDA responded to the UK government’s call for evidence on its green finance strategy. In its response, ISDA focused on three main areas: clarifying the role of derivatives in sustainable investing; highlighting the importance of legal certainty in the treatment of carbon credits under English law; and recommending that taxonomy-aligned key performance indicators applied to credit institutions such as the green asset ratio, as foreseen under the EU’s taxonomy framework, should not be considered in the context of the UK’s green finance strategy as they would negatively impact derivatives dealers.

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ISDA Feedback on Identifying Reference Data

On July 20, ISDA submitted feedback to the European Securities and Markets Authority (ESMA) on draft Level 3 guidance on several technical issues caused by the interaction of the recently adopted regulatory technical standard on derivatives transparency (RTS 2) and...

US Basel III Endgame 2026 Update

In March 2026, the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation published a new proposal for capital rules known as the US Basel III, based...

Episode 59: Reducing Burdens

As she nears the end of her term as chair of the European Securities and Markets Authority, Verena Ross joins The Swap to discuss progress in simplifying and reducing the burden of EU financial regulation, including transaction reporting. Please view...