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ISDA Response to EC Consultation on EU Banking Sector Competitiveness

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Summary

ISDA submitted its response to the European Commission's targeted consultation on EU banking sector competitiveness on April 17, 2026. The response addresses trading book capital rules and their impact on market-based financing, liquidity provisions, and hedging solutions for European end users. ISDA advocates for calibration changes to achieve a risk-sensitive framework that supports deep and liquid markets.

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What changed

ISDA published its response to the European Commission's targeted consultation on EU banking sector competitiveness, addressing capital rules affecting trading book activities. The response outlines why trading book capital calibration matters for Europe and provides recommendations for addressing current challenges banks face in the region.

Banks operating in European derivatives and trading markets should monitor this consultation process. ISDA's recommendations on capital calibration for trading book activities could influence the direction of future EU banking capital requirements affecting liquidity provision and hedging solutions.

Archived snapshot

Apr 21, 2026

GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.

  1. Public Policy
  2. Europe
  3. ISDA Responds to EC on Competitiveness of EU Banking Sector

ISDA Responds to EC on Competitiveness of EU Banking Sector

On April 17, ISDA responded to the European Commission’s (EC) targeted consultation on the competitiveness of the EU banking sector. The EU is aiming to bolster the ability of its financial markets and banking sector to grow, remain competitive and provide investment solutions in a changing global environment. New capital rules impacting trading will play a significant role and will impact market-based financing, liquidity provisions and hedging solutions for end users in Europe.

In the response, ISDA provides details on why trading book capital matters for Europe, key challenges that banks currently face and recommendations on how to address these concerns. ISDA has long advocated for calibration changes to achieve a robust and risk-sensitive framework, which is critical for deep and liquid markets.

Tags:

Capital, Europe, European Commission (EC), Liquidity, Trading Book Capital

Documents (1)

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Last updated

Classification

Agency
ISDA
Published
April 17th, 2026
Instrument
Notice
Branch
International
Legal weight
Non-binding
Stage
Final
Change scope
Minor

Who this affects

Applies to
Banks Fund managers Financial advisers
Industry sector
5221 Commercial Banking
Activity scope
Capital requirements Trading book rules Derivatives regulation
Geographic scope
European Union EU

Taxonomy

Primary area
Banking
Operational domain
Compliance
Topics
Securities Financial Services

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