ISDA and FIA Respond to ESMA’s Consultations on Guidelines in Relation to CCP R&R Regulation

On May 19, ESMA published four consultations on proposed guidelines for the EU central counterparty resolution regime (CCPRRR).

ISDA and the Futures Industry Association (FIA) responded to three of these four consultations:

  • Consultation on Guidelines Template Summary Resolution Plans Article 12(7)(a)
  • Consultation on Art 79 CCPRRR Cooperation Arrangements
  • Consultation on Guidelines Resolvability -Annex Section C Article 15(5) CCPRRR

The Associations generally agree with the proposals in the consultations and make mostly technical proposals.

ISDA Publishes SPS Matrix Version 1.02

On December 19, 2025, ISDA published an updated version (v1.02) of the ISDA Digital Asset Derivative Definitions Settlement Price Source Matrix (‘SPS Matrix”). The SPS Matrix contains a list of Settlement Price Sources (SPSs) and related terms that parties can...

From Milestone to Modernization

We’re coming to the end of an exceptionally busy year at ISDA, in which we celebrated our 40th anniversary and doubled down on our enduring commitment to safe and efficient derivatives markets. Reflecting on ISDA’s achievements since 1985, it’s clear...