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

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...