ISDA Responds to Eurosystem Consultation on Appia Roadmap

On April 22, ISDA responded to the Eurosystem consultation on the Appia roadmap. ISDA broadly supports the roadmap and its high level principles, while recommending that the principle on market access and integration should be expanded to explicitly address interoperability with tokenized ecosystems in other jurisdictions, reflecting the global and interconnected nature of financial markets. To underpin interoperability and scalability, ISDA strongly encourages the adoption of common standards – particularly the open-source Common Domain Model.

Documents (1) for ISDA Responds to Eurosystem Consultation on Appia Roadmap

Efficiency is Vital to Delivering Resilience

With less than three months to go until implementation of US Treasury clearing begins at the end of this year, it’s critical that the mandate is safely implemented without compromising market efficiency. This represents a huge change in market structure,...

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...