JAC Letter to the EC on PRIIPs

On October 17, the Joint Associations Committee on Retail Structured Products (JAC) called on the European Commission to delay the application of the PRIIPs Regulation by one year to January 3, 2018 in order to allow proper time for the Level 2 text to be amended, agreed and consulted on, and to align the timing with MIFID II/R. The JAC letter was supported by ISDA, ICMA, the FIA and the GFXD arm of GFMA. The letter focuses on the technical reasons why this is the only viable course of action to safeguard the interests of retail investors and ensure proper market functioning.

ISDA Feedback on Identifying Reference Data

On July 20, ISDA submitted feedback to the European Securities and Markets Authority (ESMA) on draft Level 3 guidance on several technical issues caused by the interaction of the recently adopted regulatory technical standard on derivatives transparency (RTS 2) and...

US Basel III Endgame 2026 Update

In March 2026, the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation published a new proposal for capital rules known as the US Basel III, based...

Episode 59: Reducing Burdens

As she nears the end of her term as chair of the European Securities and Markets Authority, Verena Ross joins The Swap to discuss progress in simplifying and reducing the burden of EU financial regulation, including transaction reporting. Please view...