ISDA response to ESMA CP on implementing rules for MAR

On October 15, ISDA submitted its response to the European Securities and Markets Authority (ESMA) consultation paper (CP) on draft technical standards and draft technical advice on possible delegated acts for the Market Abuse Regulation (MAR)

Documents (1) for ISDA response to ESMA CP on implementing rules for MAR

Remove Bureaucracy from Cross-margin Approvals

Cross-margining programs play a critical role in financial markets. By ensuring margin requirements more closely reflect the actual risk of a portfolio of products, they reduce liquidity strain and improve market efficiency, both of which will become even more important...

Joint Response on CCP Resolution

On September 7, ISDA and FIA responded to a Bank of England (BOE) discussion paper on central counterparty (CCP) resolution. The associations support greater clarity on valuation capabilities prior to a crisis scenario and the boundary between recovery and resolution,...