ISDA/FIA Europe response to the ESMA clearing obligation for FX NDFs CP

Documents (1) for ISDA/FIA Europe response to the ESMA clearing obligation for FX NDFs CP

A Positive Step to Improve the FRTB in the EU

As the Basel III capital reforms are finalized for implementation in key jurisdictions, ISDA is maintaining a laser focus on making sure the rules are robust and risk-appropriate. Simply put, if capital requirements are set disproportionately high, this will have...