Response to HM Treasury on Crypto Assets

On April 28, 2023, ISDA responded to His Majesty’s Treasury (HMT) consultation on the future financial services regulatory regime for crypto assets. ISDA acknowledges that crypto-asset markets are developing with increasing pace and complexity, bringing both risk and opportunity. In the response, ISDA provides an overview of completed and ongoing work in this sector, including the development of legal definitions, educational material and standardized documentation for the trading of digital asset derivatives.

Documents (1) for Response to HM Treasury on Crypto Assets

Maintaining Focus on Basel III Endgame Recalibration

In its original form, the US Basel III endgame proposal would have resulted in disproportionate increases in capital for trading book activities, forcing banks to make difficult choices about their participation in certain businesses. After two-and-a-half years, a revised proposal...

IRRBB Management in EMDEs

Interest rate risk in the banking book (IRRBB) has become a growing priority for banks and regulators in emerging market and developing economies (EMDEs). As many of these countries face monetary tightening cycles and ongoing macroeconomic volatility, bank balance sheets...

Response to CPMI-IOSCO on Consultation

On February 5, ISDA and FIA responded to the Committee on Payments and Market Infrastructures (CPMI) and International Organization of Securities Commissions (IOSCO) consultation on the management of general business risks and general business losses by financial market infrastructures (FMIs)....