On January 25, 2023, ISDA responded to the Financial Conduct Authority’s (FCA) consultation CP22/20 Sustainability Disclosure Requirements (SDR) and Investment Labels. In the response, ISDA highlights its support for the approach the FCA is taking by not developing rules that specifically relate to derivatives and instead monitoring developments and implementing guidance to increase transparency on the use of derivatives in sustainable investment products. ISDA recommends the FCA pursues a principles-based approach to setting out SDR and investment labels, bearing in mind the importance of international coherence and interoperability of rules. The response also outlines the contributory role of derivatives in sustainable finance, including new products such as sustainability-linked derivatives.
Documents (1) for Response to FCA’s Consultation on Sustainability Disclosure Requirements and Investment Labels
Latest
The CPI Quandary
The recent US government shutdown didn’t just create weeks of political drama – it also left inflation-linked swaps dealers with a major headache: how should they determine an initial value for new trades given the US Bureau of Labor Statistics...
ISDA Response to HMT, BoE on UK CCPs
On November 18, ISDA submitted its responses to the Bank of England (BoE) consultation on ensuring the resilience of central counterparties (CCPs) and the UK Treasury’s (HMT) two draft CCP statutory instruments (SIs). These consultations form part of the update...
Doubling Down on Appropriate Trading Book Capital
Throughout ISDA’s 40th anniversary year, we’ve been reflecting on the quest for greater consistency and efficiency that underpins everything we’ve achieved since 1985. It was at the heart of the original efforts to bring greater standardization to the nascent derivatives...
Determining Initial Reference Index for New Trades
On November 25, 2025, ISDA published a Market Practice Note (MPN) to recommend a specific methodology that market participants could elect to use for the purposes of determining the Initial Reference Index for certain new inflation derivative transactions given that...