ISDA/FIA Europe publish Capital Markets Union position paper & response to the EC Green Paper on Building a Capital Markets Union

ISDA and FIA Europe have jointly published a position paper on the EU Capital Markets Union. The paper seeks to highlight the crucial role derivatives play in capital markets. And how it necessary that derivatives reforms in Europe governing clearing, margining and trading of derivatives are calibrated to a standard that also facilitates the efficient functioning of derivatives markets, and does not introduce new risks that damage liquidity.

Documents (2) for ISDA/FIA Europe publish Capital Markets Union position paper & response to the EC Green Paper on Building a Capital Markets Union

SwapsInfo Full Year 2025 and Q4 2025

Trading activity in interest rate derivatives (IRD) and credit derivatives increased in 2025, reflecting shifting monetary policy expectations and broader market conditions. IRD traded notional rose by about 46% year-on-year, led by an increase in overnight index swaps (OIS). Index...

Maintaining Focus on Basel III Endgame Recalibration

In its original form, the US Basel III endgame proposal would have resulted in disproportionate increases in capital for trading book activities, forcing banks to make difficult choices about their participation in certain businesses. After two-and-a-half years, a revised proposal...

IRRBB Management in EMDEs

Interest rate risk in the banking book (IRRBB) has become a growing priority for banks and regulators in emerging market and developing economies (EMDEs). As many of these countries face monetary tightening cycles and ongoing macroeconomic volatility, bank balance sheets...