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

Assessing Tokenized MMFs as Eligible Collateral

Distributed ledger technology and digital assets have matured from their early stages to solutions capable of addressing longstanding inefficiencies in collateral management. Tokenized money market funds (TMMFs) represent a particularly promising area for the application of this technology, combining the...

Response to EC on Carbon Accounting

On October 5, ISDA responded to the Joint Research Centre (JRC) of the European Commission (EC) survey, drawing on input from five member firms across the banking, exchange and market-data sectors. The response highlighted broad support for internationally recognized carbon...