On June 10, ISDA submitted a response to the European Commission’s (EC) consultation on the integration of EU capital markets. The consultation was launched as part of the EC’s Savings and Investment Union project. In the response, ISDA addressed themes such as:
- Burden reduction in financial reporting and in sustainable finance disclosures.
- Protection of the ability of EU firms to operate in global markets, under the Settlement Finality Directive, European Market Infrastructure Regulation (EMIR) and the Markets in Financial Instruments Regulation.
- Preserving multilateral netting and collateral certainty for derivatives business where uncertainty is currently manifest in the EU framework.
- ‘Wait and See’ as regards to more centralized EU supervision of EU central counterparties following the effectiveness of EMIR 3.
- Less encumbered ‘no action’ powers for the European Securities and Markets Authority.
Documents (1) for ISDA Response to European Commission Consultation on Integration of EU Capital Markets
Latest
ISDA response to ESMA MiFIR Review Consultation
On July 11, ISDA submitted a response to the European Securities and Markets Authority's (ESMA) fourth package of Level 2 consultation under the Markets in Financial Instruments Regulation Review (MiFIR), on transparency for derivatives, package orders and input/output data for...
Canadian Transaction Reporting Party Requirements
These Reporting Party Requirements establish the hierarchy and tie-breaker logic to determine a single reporting counterparty for Canadian provincial reporting. By leveraging the existing reporting party standard established for reporting to the CFTC, in most cases these rules facilitate submission...
ISDA In Review – June 2025
A compendium of links to new documents, research papers, press releases and comment letters published by ISDA in June 2025.
ISDA Presents Lock-Up Agreement Proposal
ISDA is pleased to present the proposed Lock-Up Agreements and CDS – Proposed Auction Solution. “Lock-Up Agreements” are market-wide arrangements, broadly standardized and predominantly integrated with court sanctioned restructuring or bankruptcy processes. Numerous end users will sign material Lock-Up Agreements...