On February 18, 2022, ISDA submitted a response to the European Banking Authority (EBA) consultation on implementing technical standards for the 2023 internal models benchmarking exercise. ISDA’s members welcome the EBA’s efforts to improve the effectiveness of the exercise, including through the renumbering of instruments, portfolios and notes that the EBA has incorporated into some of the instruments/portfolios. The growth of the hypothetical portfolios year on year requires considerably more maintenance and computation capacities for the internal models approach exercise. ISDA therefore requests that the number of instruments are kept stable moving forward.
Documents (1) for ISDA Responds to EBA on Internal Models Benchmarking
Latest
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...