ISDA and FIA Respond to EC’s Roadmap Consultation on CSDR

On April 4, 2021, ISDA and FIA submitted a joint response to the European Commission’s (EC) roadmap consultation on the review of Central Securities Depositories Regulation (CSDR). In the response, the associations outline the need to clarify the scope of the settlement discipline regime with respect to derivatives transactions. In the context of margin transfers and physically settled derivatives, the associations ask the EC to prioritize reforming the settlement discipline regime’s mandatory buy-in rules in the upcoming CSDR review.

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...

Letter to SEC on US Treasury Clearing

On January 24, ISDA, the Alternative Investment Management Association (AIMA), FIA, the FIA Principal Traders Group (FIA PTG), the Institute of International Bankers (IIB), the Managed Funds Association (MFA) and the Securities Industry and Financial Markets Association (SIFMA) and its...

Response on EMIR Active Account Consultation

On January 27, ISDA responded to the European Securities and Markets Authority’s (ESMA) consultation on the active account requirement (AAR) introduced under the revised European Market Infrastructure Regulation (EMIR 3.0). In the response, ISDA highlighted significant concerns about the proposed...