Letter on Equivalence of UK Derivatives Regulated Markets Under EMIR Article 2a

On November 30, ISDA co-signed a joint trade association letter with FIA, the Association for Financial Markets in Europe, ICI Global, the Alternative Investment Management Association, the European Banking Federation and the European Fund and Asset Management Association asking the European Commission to issue an equivalence determination under EMIR Article 2a for UK regulated markets. In the absence of equivalence, exchange-traded derivatives traded on UK regulated markets will be considered over-the-counter derivatives, pushing some non-financial counterparties and financial counterparties above the clearing threshold under the European Market Infrastructure Regulation.

Click on the PDF below to read the letter. 

 

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Documents (1) for Letter on Equivalence of UK Derivatives Regulated Markets Under EMIR Article 2a

ISDA Letter to BCBS on RMA Models

On July 24, ISDA wrote to the Basel Committee on Banking Supervision (BCBS) to request guidance on how the proposed Risk Mitigation Accounting (RMA) model under International Financial Reporting Standard (IFRS) 9/IFRS 7 should be treated for prudential regulatory capital...