ISDA and AFME Response to HMT on Short Selling Regulation

On March 5, 2023, ISDA and the Association for Financial Markets in Europe (AFME) responded to His Majesty’s Treasury’s call for evidence on the short selling regulation review. In the response, the associations argue the current prohibition in the short selling regime for sovereign credit default swaps could be removed, as it has led to inefficiencies in the market. ISDA and AFME members support changes to the market-maker exemption, including making the application process easier, and suggest reverting to a higher reporting threshold for net short positions to the Financial Conduct Authority to reduce costs and administrative burdens.

Documents (1) for ISDA and AFME Response to HMT on Short Selling Regulation

Equity Definitions VE InfoHub

This page will be updated on a regular basis as relevant information becomes available and will serve as a repository for information from ISDA relating to the initiative to update the 2002 ISDA Equity Derivatives Definitions (the “2002 Equity Definitions”)....

ISDA responds to FSB on leverage in NBFI

On February 28, ISDA responded to the Financial Stability Board’s (FSB) consultation on leverage in the non-bank financial intermediation (NBFI) sector. In the response, ISDA makes the following points: Due to the diverse nature of the NBFI sector (in terms...

ISDA responds to BoE rules for FMIs

On February 19, ISDA submitted a response to a consultation from the Bank of England  (BoE) on a proposal to introduce a set of rules for UK financial market infrastructures (FMIs), including central counterparties (CCPs). In the response, ISDA expresses...