On February 20, 2023, ISDA responded to the European Securities and Markets Authority (ESMA) consultation on proposed guidelines on funds’ names using environmental, social and governance (ESG) or sustainability-related terms. In the response, ISDA highlights that a common cross-industry methodology for the calculation of the minimum proportions of sustainable investments for derivatives transactions is paramount to maintain ESMA’s goal of promoting standardized disclosures, and requests that ESMA gives the industry sufficient time to form a consensus on the calculation thresholds for derivatives.
Click on the attached PDF to read the full response.
Documents (1) for ISDA Response to ESMA’s Consultation on Draft ESG Fund Naming Guidelines
Latest
ISDA Response on Clearing Costs
On September 8, ISDA responded to consultation by the European Securities and Markets Authority (ESMA) on a draft regulatory technical standard on clearing fees and associated costs (article 7c(4) of the European Market Infrastructure Regulation (EMIR)). In the response, ISDA...
ISDA Response on Margin Transparency
On September 8, ISDA responded to a consultation by the European Securities and Markets Authority (ESMA) on a draft regulatory technical standard under the European Market Infrastructure Regulation (EMIR 3.0) on margin transparency requirements. ISDA’s members are supportive of margin...
Paper on Liquidity Assessment for Single-name CDS
On September 5, ISDA submitted a paper to the European Securities and Markets Authority (ESMA) and the European Commission in support of its earlier response to ESMA’s Markets in Financial Instruments Regulation (MIFIR) review consultation package 4 (CP4) on transparency...
Response to EC on Delegated Regulation
On September 4, ISDA responded to the European Commission’s (EC) consultation on amendments to delegated regulation (EU) 2017.567. The key area of interest for ISDA was the proposed insertion of a new article 16a that establishes what constitutes a post-trade...