On January 15, ISDA submitted a response to the European Commission’s (EC) inception impact assessment on the establishment of a European single access point (ESAP) for financial and non-financial company information. In the response, ISDA highlighted the negative impact of environmental, social and governance data scarcity, the importance of machine-readability of data, and the need to establish non-financial reporting standards prior to digitization. The EC has indicated that a legislative proposal on the establishment of ESAP is expected in the third quarter of 2021.
Documents (1) for ISDA Comments on Establishment of a European Single Access Point
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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...