ISDA Position Paper on Better Regulation and Supervision in the European Commission’s Market Integration and Supervision Package Proposal

On 20 March 2026, ISDA shared its position paper on Better Regulation and Supervision in the European Commission’s Market Integration and Supervision Package (MISP) proposal with relevant decision-makers in the European Parliament, the Council and the European Commission, outlining reform proposals on issues such as a) appropriate sequencing of the effective dates in Level 1 (primary) legislation and of the technical standards adopted at Level 2 that are meant to provide detail supporting consistent, definitive implementation of Level 1 legislation in financial services across the EU, b) further enhancement of ‘No-Action’ relief processes, c) the inclusion a secondary competitiveness mandate for ESMA and d) supervisory failures and suspension of services.

The European Commission’s MISP proposal under the Savings and Investment Union (SIU) agenda is currently subject to political negotiations in the EU.

Documents (1) for ISDA Position Paper on Better Regulation and Supervision in the European Commission’s Market Integration and Supervision Package Proposal

ISDA Position Paper on EC's MISP Proposal

On 20 March 2026, ISDA shared its position paper on Better Regulation and Supervision in the European Commission’s Market Integration and Supervision Package (MISP) proposal with relevant decision-makers in the European Parliament, the Council and the European Commission, outlining reform...