Joint response to ESMA consultation on MiFID II/MiFIR transparency regime for non-equity instruments and DTO

On June 12, 2020, ISDA and FIA submitted their joint response to the European Securities and Markets Authority’s (ESMA) consultation on the review of the MiFID II/MiFIR transparency regime for non-equity instruments and the derivatives trading obligation. In the response, ISDA and FIA outline their members’ views with respect to data harmonization, to the assessment of liquidity of sub-asset classes and the calibration of SSTI (Size Specific to the Instruments) and Large in Scale (LiS) transparency waivers and a review of the methodology used to determine the liquidity thresholds applied to commodity derivatives under ESMA RTS 2.

Documents (1) for Joint response to ESMA consultation on MiFID II/MiFIR transparency regime for non-equity instruments and DTO

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...