ISDA Response on Anti-Greenwashing Rules

On January 26, ISDA submitted a response to the UK Financial Conduct Authority’s consultation on GC23/3: Guidance on the Anti-Greenwashing Rule. In the response, ISDA highlights that actual or perceived misrepresentation of sustainability features may have a detrimental impact on investor and consumer perceptions of sustainable finance products, and ISDA supports efforts to enhance trust in the market. ISDA considers that sustainability-linked derivatives, environmental, social and governance derivatives and voluntary carbon credits fall within the scope of the rule. ISDA also notes that, as drafted, the guidance – and examples therein – is heavily retail focused. It would be helpful to ISDA members for future guidance to include a wholesale focus, with examples relevant to the over-the-counter derivatives market.

Documents (1) for ISDA Response on Anti-Greenwashing Rules

Assessing Tokenized MMFs as Eligible Collateral

Distributed ledger technology and digital assets have matured from their early stages to solutions capable of addressing longstanding inefficiencies in collateral management. Tokenized money market funds (TMMFs) represent a particularly promising area for the application of this technology, combining the...

Response to EC on Carbon Accounting

On October 5, ISDA responded to the Joint Research Centre (JRC) of the European Commission (EC) survey, drawing on input from five member firms across the banking, exchange and market-data sectors. The response highlighted broad support for internationally recognized carbon...