ISDA Response to EFRAG on Benchmark Reform

On October 3, ISDA responded to the European Financial Reporting Advisory Group’s (EFRAG) invitation to provide feedback on its interest rate benchmark reform assessment (amendments to IFRS 9, IAS 39 and IFRS 7). EFRAG has been asked by the European Commission (EC) to provide technical advice on the costs and benefits that would arise from implementation of the International Accounting Standards Board’s interest rate benchmark reform amendment in the European Union and European Economic Area. ISDA’s members agree with the EFRAG’s assessment that the IASB amendment is not contrary to the principles and criteria for endorsement set out in Regulation (EC) No 1606/2002.

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Documents (1) for ISDA Response to EFRAG on Benchmark Reform

ISDA response to ESMA MiFIR Review Consultation

On July 11, ISDA submitted a response to the European Securities and Markets Authority's (ESMA) fourth package of Level 2 consultation under the Markets in Financial Instruments Regulation Review (MiFIR), on transparency for derivatives, package orders and input/output data for...