Search

Europe News

The latest industry and regulatory news affecting Europe and the U.K.

  • EMIR 3.0: Key Requirements and State-of-Play

    This webinar will present the new requirements to be introduced by EMIR 3.0, expected to be published shortly in the Official Journal of the European Union following final Council sign-off. The main objective of EMIR 3.0 is to make the EU clearing landscape more attractive, resilient, and to broaden access to liquidity.

    CONTINUE READING
  • January 2025 in Sight: DORA State of Play

    MEMBERS ONLY - The Digital Operational Resilience Act (DORA) sets out detailed requirements for incident reporting, ICT risk management, subcontracting, threat-led penetration testing, among other areas. This webinar will present the aim behind DORA, who it applies to, and the state of play.

    CONTINUE READING
  • High-level roadmap for adoption of T+1 in EU securities markets

    The European T+1 Industry Task Force, comprising 21 trade associations involved in European capital markets including FIA and FIA EPTA, has published a report titled "High-level Roadmap for Adoption of T+1 in EU Securities Markets."

    CONTINUE READING
  • FIA and FIA EPTA support ESMA proposal on circuit breakers

    FIA and FIA EPTA support ESMA's proposed introduction of new requirements on circuit breakers, which mandate greater transparency. By ensuring that market participants have access to clear information about the types of circuit breakers, their calibration, and the specific circumstances leading to their activation, the proposed changes will improve market integrity and provide participants with the relevant information to be better prepared in times of high volatility.

    CONTINUE READING
  • Trade associations call for clarity on EMIR 3.0 effective implementation dates

    FIA, AIMA, EBF, EFAMA and ISDA have sent a letter urging the European Commission and European Supervisory Authorities to clarify that market participants are not required to implement the European Market Infrastructure Regulation (EMIR 3.0) Level 1 provisions prior to the date of application of the associated Level 2 regulatory technical standards (RTS).

    CONTINUE READING
  • FIA and FIA EPTA respond to European Commission consultation on AI

    FIA and FIA EPTA have responded to the European Commission’s consultation on artificial intelligence, which sets out to identify the main use cases along with the benefits, barriers and risks related to the development of AI applications in the financial sector.

    CONTINUE READING
  • FIA outlines how successful derivatives markets will attract investor interest and support the enhancement of the CMU

    FIA has published a paper outlining its views on how to support the progress of the European Union’s Capital Markets Union. The paper – Capital Markets Union at a Critical Juncture – sets out the role that derivatives play in effective capital markets. Specifically, FIA believes that centrally cleared derivatives are a key ingredient to building a strong CMU.

    CONTINUE READING
  • FIA responds to EBA-ESMA review of the prudential framework for investment firms

    FIA responded to the EBA-ESMA discussion paper on the European Commission call for advice on the investment firms' prudential framework, noting the importance of ensuring EU IFR/D is fit for purpose and that the application of prudential rules to commodity firms would be inappropriate, unduly complex, disproportionate and limit market entry for many small-size market participants.

    CONTINUE READING
  • FIA calls for DORA supervisory guidance ahead of January 2025 application deadline

    FIA, together with five other trade associations, has co-signed a joint statement that draws the European Supervisory Authorities’ attention to the challenges that industry participants, including financial entities as well as ICT third-party service providers, are facing regarding the implementation of DORA by the 17 January 2025 deadline.

    CONTINUE READING
  • FIA and Acuiti release report on challenges and opportunities for the European listed derivatives markets

    London and Washington, DC – FIA released a report on the challenges and opportunities facing the European listed derivatives markets on 18 June. The report is based on responses to a survey conducted recently by Acuiti, a market intelligence firm, that gauged industry sentiment regarding the key trends, opportunities and challenges facing the industry in Europe.

    CONTINUE READING