On February 9, 2022, ISDA submitted a response to HM Treasury’s consultation on the Financial Services Future Regulatory Framework Review. The consultation sets out the UK government’s proposals for important changes to the UK’s financial services regulatory framework, building on the UK’s existing model of regulation established by the Financial Services and Markets Act. In the response, ISDA focuses on the proposals to create a new Designated Activities Regime to cover activities, products and conduct that currently sit within retained EU law but outside the perimeter of the UK’s Regulated Activities Order – for example, entering into certain types of derivatives contracts. ISDA welcomes the creation of the Designated Activities Regime, but highlights some key issues that should be addressed, such as the careful definition of the territorial scope of the powers, consistent and fair treatment of firms across the regimes and transparent processes and consultation.
Documents (1) for ISDA Responds to HM Treasury on Financial Services Future Regulatory Framework
Latest
ISDA/ASIFMA/GFXD Letter to RBI on INR-Denominated FX Derivatives Reporting
On March 9, 2026, ISDA, ASIFMA, and GFXD submitted a joint letter to the Reserve Bank of India (RBI) in response to the RBI’s Reporting Instructions for Authorised Dealer (AD) Category – I Banks draft directions to mandate the reporting...
IRD Trading Activity FY 2025 and Q4 2025
This report analyzes interest rate derivatives (IRD) trading activity reported in Europe. The analysis is based on transactions publicly reported by 30 European approved publication arrangements (APAs) and trading venues (TVs). Key highlights for the full year 2025 include: European...
A Financial Markets Revolution
Every financial center has its own unique features, but it was particularly fitting that ISDA’s recent Annual General Meeting (AGM) was held in Boston – not only a global hub for asset management and insurance, but also a city that...
ISDA AGM Studio: Nnamdi Okaeme & John Pucciarelli
Marking the 10‑year anniversary of the ISDA Standard Initial Margin Model (ISDA SIMM), Joel Clark, senior director, communications, at ISDA, speaks with Nnamdi Okaeme, ISDA’s head of SIMM, and John Pucciarelli, head of partnerships and director of industry engagement at...