Response to EBA on Climate-related Data

On October 11, 2023,  ISDA and the Association for Financial Markets in Europe (AFME) submitted a joint response to the European Banking Authority (EBA) on its consultation on draft templates for collecting climate-related data from EU banks.

The draft templates are designed to collect climate-related and financial information and aggregated and counterparty-level data on credit risk, market and real estate risks, which will allow regulators to assess concentration risk of large climate exposures, as well as capture amplification mechanisms and assess second round effects.

In the response, the associations provide feedback and recommendations to help the EBA further develop these templates and collate data that will be informative on climate-related risks within the banking sector.

Documents (1) for Response to EBA on Climate-related Data

Global Trading in INR Derivatives

Global trading in derivatives involving the Indian rupee (INR) has expanded significantly over the past decade, reflecting the currency’s growing role in international hedging and trading activity. According to the Bank for International Settlements (BIS) Triennial Central Bank Survey, the...

Response to FCA on Commodity Derivatives Clearing

On April 9, ISDA, the Commodity Markets Council Europe (CMCE), Energy Traders Europe (ETE) and FIA jointly responded to Chapter 7 of the UK Financial Conduct Authority’s (FCA) Quarterly Consultation CP26/8 on increasing the clearing threshold for commodity derivatives under the UK...

Response on EC’s SFR Proposal

On April 9, ISDA published technical comments on the European Commission’s (EC) proposed Settlement Finality Regulation (SFR) as it applies to designated EU systems and registered third-country systems. One significant concern is that the scope of insolvency protections provided to...