Responses, Comment Letters, Press Releases and Publications

Please find ISDA’s responses, comment letters, press releases and publications pertaining to bank recovery and resolution developments below.

ISDA has also provided commentary and responses more generally on law reform issues which are broader than Bank recovery and resolution issues. These can also be found here.


DateJurisdictionTitle / DescriptionDocuments
March 16, 2010
UK

ISDA response to HMT consultation on establishing resolution arrangements for investment banks

uk_mar_16.pdf
July 19, 2010
Germany

ISDA comments on German draft bill on bank restructuring

ge_jul_19.pdf
March 3, 2011
EU

ISDA responds to EU consultation on bank recovery and resolution

Comment Letter to EC Directorate-General Internal Market and Services.

eu_mar_3_11.pdf
September 1, 2011
Global

ISDA response to FSB consultation on the effective resolution of systemically important financial institutions

Comment letter

gl_sep_1_11.pdf
March 2, 2012
Switzerland

ISDA response to Swiss Consultation on Draft Banking Insolvency Regulation (in German)

Response to FINMA (Switzerland)

sw_mar_2_12.pdf
April 20, 2012
EU

European Commission - DG MARKT

ISDA response to European Commission discussion paper on the debt write-down tool/bail-in.

EU_april_12.pdf
October 31, 2013
Global

ISDA Response to Consultation on the Assessment Methodology of FSB Key Attributes of Effective Resolution Regimes

ISDA response to the Secretariat to the Financial Stability Board (FSB) Consultation on the Assessment Methodology of FSB Key Attributes of Effective Resolution Regimes with particular focus on Question 3 of the Consultative Document on netting and collateral arrangements that are key to credit risk mitigation in the derivatives markets.

gl_oc_31_13.pdf
November 6, 2013
Global

ISDA Statement on Letter from Major Resolution Authorities

Press Release

gl_nov_6.pdf
March 31, 2014
Switzerland

ISDA response to Swiss draft bill on financial market infrastructure (FINFRAG) – submitted in German

ISDA response to the draft Swiss FMI act/FINFRAG. The draft FINFRAG bill intends to underpin and consolidate some of the provisions in the FINMA regulation, and covers a number of issues regarding bank insolvency, as well as new requirements on central clearing and trade reporting.

sw_mar_31.pdf
April 4, 2014
Hong Kong

ISDA response to Hong Kong Consultative Paper on Effective Resolution for Financial Institutions in Hong Kong

ISDA response to the Consultative Paper “An Effective Resolution for Financial Institutions in Hong Kong” jointly published by the Financial Services and the Treasury Bureau, the Hong Kong Monetary Authority, the Securities and Futures Commission and the Insurance Authority in January 2014.

hongkong_april_4.pdf