ISDA Responds to EC on Competitiveness of EU Banking Sector

On April 17, ISDA responded to the European Commission’s (EC) targeted consultation on the competitiveness of the EU banking sector. The EU is aiming to bolster the ability of its financial markets and banking sector to grow, remain competitive and provide investment solutions in a changing global environment. New capital rules impacting trading will play a significant role and will impact market-based financing, liquidity provisions and hedging solutions for end users in Europe.

In the response, ISDA provides details on why trading book capital matters for Europe, key challenges that banks currently face and recommendations on how to address these concerns. ISDA has long advocated for calibration changes to achieve a robust and risk-sensitive framework, which is critical for deep and liquid markets.

Documents (1) for ISDA Responds to EC on Competitiveness of EU Banking Sector

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