ISDA – FOA letter on the difficulties which could be implied by possible overlaps and inconsistencies between REMIT, MAD and MiFID

Sent by email to: Mr. Olivier Onidi (DG Energy), Mr Hugo Bassi (Head of Unit “Securities Markets”, DG Internal Market); Mr Gábor Butor, Barnabás Dezséri, Gáspár Molnár (Financial attachés of Hungary to the EU); Mrs. Anna Lekston, Counsellor “Budget and Finance Section” PL, Mr. Robert Ko?akowski, Financial Attaché of Poland to the EU, Mr. Tomasz Krawczyk, First Secretary “Budget and Finance Section” PL.

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Documents (1) for ISDA – FOA letter on the difficulties which could be implied by possible overlaps and inconsistencies between REMIT, MAD and MiFID

Recognition of Cross-product Netting is Critical

US regulators are in the process of making important changes to the regulatory capital framework by proposing modifications to the enhanced supplementary leverage ratio, which should help stop it from acting as a non-risk-sensitive constraint on bank capacity – a...

ISDA, GFXD Response to FCA on SI Regime

On September 10, ISDA and the Global Foreign Exchange Division (GFXD) of the Global Financial Markets Association responded to the Financial Conduct Authority's (FCA) consultation paper CP25/20 on the systematic internalizer (SI) regime for derivatives and bonds. ISDA and the...

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...