Europe


DateTitle / DescriptionDocuments
April 19, 2012
Extraterritorial legislation: the problems posed for markets, clients and regulators
Letter on extraterritoriality (ET) to US Treasury Secretary Geithner and EU Commissioner for Internal Markets and Services Barnier, from ISDA, GFMA, IBfed and Financial Services Roundtable.
Joint Trades ET Letter 19-4-2012.pdf
April 3, 2012
Response to EBA, ESMA, EIOPA Joint Discussion Paper on Risk Mitigation Techniques for Trades Not Cleared by a Central Counterparty
Response sent to the European Banking Authority, European Securities Markets’ Association and European Insurance and Occupational Pensions Authority
Response to EBA on Risk Mitigation Trades Not Cleared by CPP.pdf
March 21, 2012
ISDA, AFME, BBA response to first ESMA Discussion Paper on EMIR
ISDA, AFME, BBA response to first ESMA Discussion Paper on Draft Technical Standards for the Regulation on OTC Derivatives, CCPs and Trade Repositories.
ISDA_AFME_BBA_ESMA_1st_EMIR_DP_response_final_20_march_clean.pdf
March 13, 2012
Joint response to ESMA consultation on delegated acts for Regulation on Short Selling and CDS
AFME, ICMA, ISLA and ISDA jointly respond to ESMA Consultation Paper on possible Delegated Acts concerning the regulation on short selling and certain aspects of credit default swaps ((EU) No XX/2012)
Joint_response_AFME_ICMA_ISDA_ISLA.pdf
February 15, 2012
ISDA paper: MiFID/MiFIR and Transparency for OTC Derivatives
Describes the nature of trading structure and liquidity formation in OTC derivatives markets and the implications for framing pre-trade transparency obligations under MiFID2 / MiFIR.
MiFIDMiFIRandtransparency20120214.pdf
February 13, 2012
Letter to the Daily Telegraph (UK) on the Financial Transaction Tax (FTT)
Signed by: Angela Knight, Chief Executive, British Bankers’ Association; Chris Cummings, Chief Executive, TheCityUK; Richard Metcalfe, Head of global policy, International Swaps and Derivatives Association; Richard Saunders, Chief executive, Investment Management Association; Otto Thoresen, Director-General, Association of British Insurers
FTT letter to Daily Telegraph.pdf
February 13, 2012
AFME, ICMA, ISLA and ISDA submit joint response to ESMA Consultation Paper
AFME, ICMA, ISLA and ISDA submit joint response to ESMA Consultation Paper on draft technical standards on the Regulation (EU) xxxx/2012 of the European Parliament and of the Council on short selling and certain aspects of credit default swaps
AFME_ICMA_ISDA_ISLA_13.02.12.pdf
February 10, 2012
ISDA Comments on the Agreement Reached on the European Markets Infrastructure Regulation (EMIR)
Press Release
EMIR_10 feb_FINAL.pdf
January 19, 2012
Letter to Commissioner Barnier, Chairman Bowles & ECOFIN Chairman Corydon regarding European Supervisory Authorities (ESAs)
Letter from ISDA and 6 other associations to Commissioner Barnier, Chairman Bowles and ECOFIN Chairman Corydon, calling for European Supervisory Authorities to be given an appropriate amount of time to draft technical standards for EU legislation.
ISDA_AFME_ICMA_FOA_AIMA_EACH_EBF_letter_re_ESA_timeframes&prioritisation_17_jan_2012_FINAL.pdf
January 17, 2012
Greek Sovereign Debt Q&A
Responses to the most frequently-asked questions that ISDA has received in connection with the application of credit derivatives to a potential restructuring or re-profiling of Greek sovereign debt.
GreekSovQandAUpdate2012-01-16_FINAL.pdf