On November 25, 2022, ISDA and UK Finance responded jointly to a consultation on UK Financial Conduct Authority (FCA) guidance on the trading venue perimeter. In the response, the associations highlight that the FCA guidance should only capture genuine multilateral systems and not capture technology innovations, which have digitalized bilateral trading interactions. The UK regulatory framework should continue to support the development of technology solutions that encourage innovation, increase market efficiency and create more competition in the UK market.
Documents (1) for ISDA Response to FCA Consultation on Trading Venue Perimeter
Latest
Response to ESMA Guarantees
On April 30, ISDA responded to the European Securities and Markets Authority (ESMA) consultation paper on guarantees as central counterparty (CCP) collateral and certain aspects of CCP investment policy. ISDA broadly supports ESMA’s proposed draft regulatory technical standards (RTS) to...
ISDA AGM Studio: Jenny Cosco and Jason Granet
Jenny Cosco, global head of government relations and regulatory strategy at LSEG, and Jason Granet, chief investment officer at BNY, speak with Tara Kruse, ISDA’s global head of derivative products and infrastructure, about how firms can manage liquidity pressures during...
Updated OTC Derivatives Compliance Calendar
ISDA has updated its global calendar of compliance deadlines and regulatory dates for the over-the-counter (OTC) derivatives space.
Capital Models Benchmarking: A Framework for Counterparty Credit Risk Internal Models
When firms implement capital models in line with supervisory standards, a range of interpretative and implementation choices inevitably arise. These choices reflect differences in modeling approaches, data availability, system architecture and risk management practices, and can lead to variation in...
