On August 7, ISDA submitted a response to HM Treasury’s (HMT) consultation on removing the restrictions on uncovered sovereign credit default swaps (CDS).
This work is part of HMT’s program to deliver a smarter regulatory framework, tailored to the UK and designed to remove the requirements currently placed on investors when taking out short positions in sovereign debt or sovereign CDS, and the related reporting requirements.
The response focuses on the CDS market and supports the proposal to remove the restrictions, highlighting some of the benefits that may result.
Documents (1) for ISDA Responds to HMT on Removing Restrictions on Uncovered Sovereign CDS
Latest
Joint Response on Future of Tokenization
On July 6, ISDA and Global Digital Finance (GDF) submitted a joint response to a call for input on the future of tokenization by the Financial Conduct Authority (FCA) and Bank of England. Tokenization presents a significant opportunity for the...
ISDA In Review – June 2026
A compendium of links to new documents, research papers, press releases and comment letters published by ISDA in June 2026.
Updated OTC Derivatives Compliance Calendar
ISDA has updated its global calendar of compliance deadlines and regulatory dates for the over-the-counter (OTC) derivatives space.
Letter on EU Legislative Reform
On July 1, ISDA and 11 other trade associations published a statement on enhancing the EU legislative and supervisory framework to support market competitiveness. The statement highlights a significant opportunity to strengthen the EU’s regulatory and supervisory framework through the...