ISDA and AFME Response to FCA on Transparency of Enforcement Decisions

On February 17, ISDA and the Association for Financial Markets in Europe (AFME) responded to the UK Financial Conduct Authority’s (FCA) consultation on greater transparency of enforcement decisions. The FCA’s proposal, which gives it the ability to publicly name firms at the start of an investigation, continues to cause trepidation across the industry. In the response, ISDA and AFME highlight concerns that the current proposals are harmful to UK competitiveness and growth and suggest a broader interpretation of the existing exceptional circumstances test could be used to meet the FCA’s objectives. This is the second consultation ISDA and AFME have responded to. The first response from May 7, 2024 is available here.

Documents (1) for ISDA and AFME Response to FCA on Transparency of Enforcement Decisions

ISDA Response on Common Carbon Data Model

On August 12, ISDA responded to a consultation from the Climate Data Steering Committee (CDSC) on a Common Carbon Credit Data Model. ISDA members believe the Group-of-20 carbon data model initiative is a positive step in addressing data gaps and...

Joint Response on RBA Consultation

On August 11, ISDA and FIA submitted a joint response to the Reserve Bank of Australia (RBA) on its consultation on guidance for Australia’s clearing and settlement facility resolution regime. The associations welcome publication of the draft guidance, which provides...

SwapsInfo H1 2025 and Q2 2025

Interest rate derivatives (IRD) trading activity increased in the first half of 2025, driven by continued interest rate volatility, evolving central bank policy expectations and persistent macroeconomic uncertainty. Trading in index credit derivatives also rose, as market participants responded to...