ISDA responds to FCA consultation paper 15/43 on MIFID implementation

ISDA has responded to the UK Financial Conduct Authority’s (FCA) consultation paper CP 15/43. It is the first FCA consultation on implementation of the revised Markets in Financial Instruments Directive, and at least a further consultation is expected. CP 15/43 seeks views on issues related to the FCA’s regulation of the secondary trading of financial instruments, and some points covered in the consultation may be affected by yet unpublished European Union legislation and guidance.

Documents (1) for ISDA responds to FCA consultation paper 15/43 on MIFID implementation

Efficiency is Vital to Delivering Resilience

With less than three months to go until implementation of US Treasury clearing begins at the end of this year, it’s critical that the mandate is safely implemented without compromising market efficiency. This represents a huge change in market structure,...

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...