ISDA, AFME and GFXD have sent a letter to the European Securities and Markets Authority (ESMA) laying out some key outstanding uncertainties in the Markets In Financial Instruments Regulation (MIFIR) post-trade transparency framework for investment firms from an over-the-counter derivatives perspective. This concerns are in addition to the uncertainty around the acceptable trading protocols for package orders containing a component subject to the trading obligation, and the territorial scope of MIFIR obligations, which ESMA are understood to be currently considering.
Documents (1) for Trade Associations Send MIFIR Letter to ESMA
Latest
ISDA In Review – January 2025
A compendium of links to new documents, research papers, press releases and comment letters published by ISDA in January 2025.
Episode 48: ISDA at 40
To mark ISDA’s 40th anniversary, The Swap meets two pioneers of the derivatives market, Tom Jasper and Jeffrey Golden, to discuss the emergence of derivatives and the importance of standards. Please view this page via Chrome to access the recording.
Updated OTC Derivatives Compliance Calendar
ISDA has updated its global calendar of compliance deadlines and regulatory dates for the over-the-counter (OTC) derivatives space.
Response on Options and Discretions
On January 24, ISDA and the Association for Financial Markets in Europe (AFME) responded to the European Central Bank’s (ECB) consultation on its approach to options and discretions under EU law. In the response, the associations highlight the efforts of...