ISDA and AFME Response to PRA’s Future Approach to Policy

On December 8, 2022, ISDA and the Association for Financial Markets in Europe responded to a discussion paper on the Prudential Regulatory Authority’s (PRA) future approach to policy. In the response, the associations highlight their support for the PRA as an independent regulator and endorse the PRA’s statement that its position as an independent regulator is an important safeguard for the UK financial system. The associations support the continuation of structured policy developments, built on ongoing dialogue and consultation between policymakers and the industry that delivers the clarity, certainty and predictability that international businesses and investors seek.

Documents (1) for ISDA and AFME Response to PRA’s Future Approach to Policy

Response to BoE on Systemic Stablecoins

On February 10, ISDA responded to the Bank of England’s (BoE) consultation on a proposed regulatory regime for sterling-denominated systemic stablecoins. In the response, ISDA highlights that any regulatory framework should be assessed through the lens of prudent risk management...

SwapsInfo Full Year 2025 and Q4 2025

Trading activity in interest rate derivatives (IRD) and credit derivatives increased in 2025, reflecting shifting monetary policy expectations and broader market conditions. IRD traded notional rose by about 46% year-on-year, led by an increase in overnight index swaps (OIS). Index...