ISDA Responds to FCA on Additional Q&As Under UK EMIR Reporting

On September 12, ISDA submitted a response to a consultation run jointly by the UK Financial Conduct Authority (FCA) and the Bank of England on additional Q&As under the UK European Market Infrastructure Regulation (UK EMIR).

The first Q&A proposes the application of a technical international securities identification number (ISIN) to be used in specific scenarios as the underlying identifier when the underlier does not have an ISIN. The second Q&A provides clarification on how to report an FX swap.

ISDA supports both these proposed Q&As, but with a request for some additional clarification. Subject to feedback on the consultation, the FCA intends to publish the final Q&As in the fourth quarter of 2025.

Documents (1) for ISDA Responds to FCA on Additional Q&As Under UK EMIR Reporting

IRD Trading Activity FY 2025 and Q4 2025

This report analyzes interest rate derivatives (IRD) trading activity reported in Europe. The analysis is based on transactions publicly reported by 30 European approved publication arrangements (APAs) and trading venues (TVs). Key highlights for the full year 2025 include: European...

A Financial Markets Revolution

Every financial center has its own unique features, but it was particularly fitting that ISDA’s recent Annual General Meeting (AGM) was held in Boston – not only a global hub for asset management and insurance, but also a city that...