ISDA response letter to the European Commission re. timing of application of Own Funds Requirements for Exposures to a Central Counterparty in the Capital Requirements Directive (CRD IV)

Documents (1) for ISDA response letter to the European Commission re. timing of application of Own Funds Requirements for Exposures to a Central Counterparty in the Capital Requirements Directive (CRD IV)

Response on CCP Participation Requirements

On December 24, ISDA responded to a consultation from the European Securities and Markets Authority (ESMA) on central counterparty (CCP) participation requirements. Participation requirements for CCPs are vital for safe and efficient clearing markets, and ISDA broadly supports ESMA’s consultation...