ISDA response to UK PRA’s consultation on contractual stays

ISDA has responded to a consultation paper from the UK Prudential Regulation Authority (PRA), which proposes a new rule for the PRA Rulebook requiring the contractual adoption of UK resolution stays in certain financial contracts (such as derivatives, repo/reverse repo or securities financing transactions) governed by the law of a jurisdiction outside the European Economic Area (EEA). The proposed rule would apply to UK banks, building societies and PRA-designated investment firms, as well as their qualifying parent undertakings in respect of financial contracts governed by the law of a non-EEA country.

Documents (1) for ISDA response to UK PRA’s consultation on contractual stays

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...