Response to EBA on Climate-related Data

On October 11, 2023,  ISDA and the Association for Financial Markets in Europe (AFME) submitted a joint response to the European Banking Authority (EBA) on its consultation on draft templates for collecting climate-related data from EU banks.

The draft templates are designed to collect climate-related and financial information and aggregated and counterparty-level data on credit risk, market and real estate risks, which will allow regulators to assess concentration risk of large climate exposures, as well as capture amplification mechanisms and assess second round effects.

In the response, the associations provide feedback and recommendations to help the EBA further develop these templates and collate data that will be informative on climate-related risks within the banking sector.

Documents (1) for Response to EBA on Climate-related Data

Response on CCP Participation Requirements

On December 24, ISDA responded to a consultation from the European Securities and Markets Authority (ESMA) on central counterparty (CCP) participation requirements. Participation requirements for CCPs are vital for safe and efficient clearing markets, and ISDA broadly supports ESMA’s consultation...