ISDA Responds to EC Consultation on MIFID II

On May 18, 2020, ISDA and FIA submitted their joint response to the European Commission’s (EC) consultation on the review of Markets in Financial Instruments Directive/ Regulation (MIFID II/MIFIR) framework. In the response, ISDA and FIA outline their members’ views with respect to the possible emergence of a consolidated tape for derivatives, the calibration of transparency regimes, the revision of commodity derivatives position limits, open access (to clearing houses or to exchanges) and the derivatives trading obligation, among other issues.

As a reminder, the European Commission published its consultation paper on the review of the regulatory framework for investment firms and markets operators under the MiFID II/ MiFIR based requirements on February 17, 2020.

Documents (1) for ISDA Responds to EC Consultation on MIFID II

Response on Commodity Derivatives Markets

On April 22, ISDA and FIA submitted a joint response to the European Commission’s (EC) consultation on the functioning of commodity derivatives markets and certain aspects relating to spot energy markets. In addition to questions on position management, reporting and...

Episode 50: The Value of Derivatives

A new report from ISDA shows that companies all over the world use derivatives to alleviate uncertainty, transfer risk and enhance profitability. ISDA discusses the findings with Boston Consulting Group’s Roy Choudhury. Please view this page via Chrome to access...

ISDA/IIF Response to EC Market Risk Consultation

On February 22, ISDA and the Institute of International Finance (IIF) submitted a joint response to the European Commission’s (EC) consultation on the application of the market risk prudential framework. The associations believe the capital framework should be risk-appropriate and...

ISDA Submits Letter on Environmental Credits

On April 15, ISDA submitted a response to the Financial Accounting Standards Board’s (FASB) consultation on environmental credits and environmental credit obligations. The response supports the FASB’s overall proposals to establish clear and consistent accounting guidance for environmental credits, but...