ISDA Response to EC Proposal on ESG Ratings

On September 1, ISDA submitted a response to the European Commission’s consultation on its proposal for the regulation of environmental, social and governance (ESG) ratings. ISDA supports a regulatory framework for ESG ratings based on recommendations set out in a report on ESG ratings and data product providers by the International Organization of Securities Commissions, with a view to enhance transparency and integrity of the market. In the response, ISDA suggests that further clarification is needed on scope and definitions – in particular, the definition of an ESG rating, as well as authorization procedures and the regulation of third-country ESG ratings.

Documents (1) for ISDA Response to EC Proposal on ESG Ratings

Key IRD Trends from BIS 2025 Survey

This paper highlights changes in over-the-counter (OTC) interest rate derivatives (IRD) markets between April 2022 and April 2025, based on data from the Bank for International Settlements (BIS) Triennial Central Bank Survey. The survey provides a comprehensive view of global...

RMB IRD Growth in Mainland China & Hong Kong

This report analyzes interest rate derivatives (IRD) activity in mainland China and Hong Kong, with a particular focus on renminbi (RMB)-denominated IRD. It examines market growth, structure and integration across onshore and offshore centers, and places these developments within the...