Market Structure
FIA EPTA and several other trade associations have sent a briefing to negotiators of the REMIT Review legislation
On 20 September, FIA EPTA and several other trade associations sent a briefing to negotiators of the REMIT Review legislation with respect to requirements under Article 9 and the supervision of third-country firms.
CONTINUE READINGFIA EPTA response to the FCA Consultation on The Framework for a UK Consolidated Tape (CP23/15)
FIA EPTA agrees with the FCA’s proposal to appoint a single CTP per asset class through a tender process. Multiple providers would defeat underlying purpose of the Consolidated Tape of having a single golden source for data. Having a single CTP would also reduce the operational burden on data contributors and concentrate the customer base making the business model more economically viable.
CONTINUE READINGTrade associations call for deletion of active account proposal
Trade associations representing European end-users of derivatives and clearing service providers are united in criticism of the proposed Active Account Requirement under EMIR 3.0.
CONTINUE READINGFIA EPTA response to the HMT consultation on sovereign debt and credit default swaps under the Short Selling Regulation review
FIA EPTA supports the proposals set out in the Consultation. Whilst we acknowledge that the cover requirements under the Short Selling Regulation support settlement discipline in equities markets, we do not see the same need in the market for sovereign bonds and related CDS given the size and liquidity of these markets.
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