It is important that EMIR address intragroup transactions in a way that is (a) proportionate and appropriate for the real level of risk involved (taking into account that the client–facing transactions will be either cleared or bilaterally margined (depending on whether the contract is clearing-eligible) and these are internal group back-to-back transactions, which do not increase inter-connectedness in the financial system) and (b) internationally coherent, in such a way that European and US (and other) financial groups can continue to compete for clients on a safe basis, and ensuring that risk management is not compartmentalised geographically (EMIR should not promote trade barriers).
Documents (1) for ISDA-AFMR brief on intragroup transactions (EMIR) of 12 May 2011
Latest
ISDA In Review – September 2026
A compendium of links to new documents, research papers, press releases and comment letters published by ISDA in September 2026.
ISDA Digital Assets Forum Opening Remarks
ISDA Digital Assets Forum Washington, DC October 6, 2026 Opening Remarks Scott O’Malia, CEO, ISDA Good morning, and a very warm welcome to the ISDA Digital Assets Forum. Thanks for joining us today, and a special thank you to...
Assessing Tokenized MMFs as Eligible Collateral
Distributed ledger technology and digital assets have matured from their early stages to solutions capable of addressing longstanding inefficiencies in collateral management. Tokenized money market funds (TMMFs) represent a particularly promising area for the application of this technology, combining the...
Response to EC on Carbon Accounting
On October 5, ISDA responded to the Joint Research Centre (JRC) of the European Commission (EC) survey, drawing on input from five member firms across the banking, exchange and market-data sectors. The response highlighted broad support for internationally recognized carbon...