On March 9, ISDA submitted a paper to the European Commission setting out focused proposals to improve the functioning of the EU regulatory framework for derivatives. The paper comprises eight targeted recommendations to simplify selected Level 1 provisions in a way that preserves high regulatory standards while delivering meaningful reductions in operational complexity and compliance costs. These adjustments would enhance the EU’s attractiveness as a location for derivatives activity and reinforce its capacity to support investment and competitiveness.
The paper also outlines two horizontal recommendations intended to improve the legislative process. These relate, first, to the sequencing of Level 1 and Level 2 measures and, second, to the introduction of a time-limited mechanism allowing for the temporary suspension of specific requirements where warranted by market conditions or implementation challenges.
Overall, ISDA believes these proposals would contribute constructively to the EU’s broader objectives of competitiveness, well‑functioning capital markets and proportionate regulation.
Documents (1) for ISDA Submits Recommendations to Simplify EU Regulation and Enhance Legislative Process
Latest
Key Trends in OTC Derivatives Market H2 2025
The latest data from the Bank for International Settlements over-the-counter (OTC) derivatives statistics shows an increase in notional outstanding of OTC derivatives during the second half of 2025 compared to the same period in 2024. Notional outstanding rose across all...
ISDA-SIFMA letter to SEC on Swap Dealer Thresholds
ISDA and SIFMA have submitted a comment letter to the SEC in response to the staff report on the definitions of “security-based swap dealer” and “major security-based swap participant.” The associations recommend maintaining the current de minimis thresholds for both...
ISDA responds to RBI consultation on SA-CCR
On July 1, ISDA responded to the Reserve Bank of India's (RBI) consultation on draft amendment directions on the standardized approach for counterparty credit risk (SA-CCR). ISDA broadly welcomes the RBI's move to SA-CCR and updated capital treatment for exposures...
Data Subject Access Request Form
Pursuant to its mission to promote safe and efficient markets within the over-the-counter (OTC) derivatives industry, The International Swaps and Derivatives Association, Inc. (ISDA) processes personal data of its employees, members and non-members (for example individuals attending ISDA conferences or...