ISDA Response to BIS Consultation on Tokenization of Payments and Financial Transactions

On July 30, ISDA submitted a response to a Bank for International Settlements (BIS) consultation on leveraging tokenization for payments and financial transactions. In the response, ISDA focused on the legal, regulatory and documentation issues relevant to the derivatives market, including financial market infrastructure. The response highlights the opportunities and challenges of tokenization in wholesale derivatives markets given the increasing scale of the technological, operational and commercial infrastructure used to facilitate trading, clearing, reporting and processing of derivatives transactions.

Documents (1) for ISDA Response to BIS Consultation on Tokenization of Payments and Financial Transactions

Managing Risk for Australian Superannuation Funds

Assets managed by the Australian superannuation sector reached A$4.5 trillion in December 2025, equivalent to around 160% of Australia’s GDP. Given its size, the sector has rapidly expanded its global footprint, with the share of offshore investments growing as a...