Benchmark Reform
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AFX founder says new interbank market will spark demand for Ameribor derivatives
Wider use of new U.S. interest rate benchmark expected to drive hedging activity
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FIA, ISDA, GFMA and EMTA joint briefing on the need to extend the transition period of the Benchmark Regulation
FIA, together with ISDA, GFMA and EMTA, published a briefing today requesting EU policymakers to extend the transition period of the Benchmarks Regulation for critical and non-critical benchmarks due to significant negative implications for financial stability in European and global financial markets and competitive disadvantages for European companies.
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FIA, GFMA and ISDA respond to the ESMA Consultation Paper on draft technical standards under the Benchmarks Regulation
On 2 December, FIA, GFMA and ISDA submitted a joint response to the ESMA Consultation Paper on draft technical standards under the Benchmarks Regulation (BMR).
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FIA joint response to Australian proposals on benchmark regulation
On 29 April 2016, FIA, ASIFMA and ISDA submitted a joint response to Australia's Council of Financial Regulators consultation paper on financial benchmarks regulatory reform.
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FIA urges Lord Hill to consider effects of EU regulation on Asia-Pacific markets
On 13 November 2015, FIA, ASIFMA and ISDA hosted an industry roundtable with EU Commissioner Lord Jonathan Hill in Hong Kong.
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FIA sets out 'real life scenarios' for European benchmarks regulation
FIA Europe members highlighted their concerns about the impact of the European Commission’s, Council's and Parliament’s proposed Benchmark.
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Special Report Series - Part Six: Open Access - CCPs, Trading Venues and Benchmarks
This Special Report is the sixth in the FIA and FIA Europe’s series covering specific areas of the European Securities and Markets Authority’s consultation process for the implementation of the recast Markets in Financial Instruments Directive II (2014/65/EU) and Markets in Financial Instruments Regulation (Regulation 600/2012) (“MiFIR”), which together are referred to as “MiFID II” and come into effect on 3 January 2017.
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U.S. Regulators Advance on Benchmark Reforms
U.S. regulators are pushing ahead with reforms to financial market benchmarks, working with the private sector to develop benchmarks for interest rate markets that could serve as alternatives to Libor.
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FIA Response to HM Treasury’s Fair and Effective Markets Review Recommendations on Benchmarks
FIA submitted its response to HM Treasury’s Fair and Effective Markets Review Recommendations on Benchmarks, with proposals on seven benchmarks including the LBMA gold and silver fixes and ICE Brent Futures.
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FIA | FIA Europe Special Report Series: Open Access: CCPs, Trading Venues and Benchmarks
This Special Report is the third in the FIA and FIA Europe’s series covering specific areas of the European Securities and Markets Authority’s (“ESMA”) consultation process for the implementation of the recast Markets in Financial Instruments Directive (“MiFID II”) and Regulation (“MiFIR”).
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