On February 20, 2023, ISDA responded to the European Securities and Markets Authority (ESMA) consultation on proposed guidelines on funds’ names using environmental, social and governance (ESG) or sustainability-related terms. In the response, ISDA highlights that a common cross-industry methodology for the calculation of the minimum proportions of sustainable investments for derivatives transactions is paramount to maintain ESMA’s goal of promoting standardized disclosures, and requests that ESMA gives the industry sufficient time to form a consensus on the calculation thresholds for derivatives.
Click on the attached PDF to read the full response.
Documents (1) for ISDA Response to ESMA’s Consultation on Draft ESG Fund Naming Guidelines
Latest
Response to FASB on KPIs for Business Entities
On April 30, ISDA submitted a response to the Financial Accounting Standards Board’s (FASB) proposal on financial key performance indicators (KPIs) for business entities. In the response, ISDA addressed the implications of KPI standardization, its potential impact on financial reporting...
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.
Response on Commodity Derivatives Markets
On April 22, ISDA and FIA submitted a joint response to the European Commission’s (EC) consultation on the functioning of commodity derivatives markets and certain aspects relating to spot energy markets. In addition to questions on position management, reporting and...
Episode 50: The Value of Derivatives
A new report from ISDA shows that companies all over the world use derivatives to alleviate uncertainty, transfer risk and enhance profitability. ISDA discusses the findings with Boston Consulting Group’s Roy Choudhury. Please view this page via Chrome to access...