ISDA response to EBA Interim Report on MREL

The International Swaps and Derivatives Association, Inc. (ISDA) is grateful for the opportunity to provide feedback on the European Banking Authority (the EBA) interim report on MREL published in July 2016 (the Consultation). Given ISDA’s focus on over‐the‐counter (OTC) derivatives markets, ISDA’s response is primarily focused on the impact on derivatives markets.

Documents (1) for ISDA response to EBA Interim Report on MREL

Safe, Efficient Markets for SFTs

Securities financing transactions (SFTs) – including repurchase agreements (repo), securities lending, buy/sell backs and margin lending – are foundational to the functioning of modern financial markets. They support the day-to-day distribution of liquidity, enable collateral to move efficiently across cash...

ISDA Recommendations to Simplify EU Regulation

On March 9, ISDA submitted a paper to the European Commission setting out focused proposals to improve the functioning of the EU regulatory framework for derivatives. The paper comprises eight targeted recommendations to simplify selected Level 1 provisions in a...