Advocacy

Following the US the federal bank regulatory agencies jointly issuing answers to frequently asked questions to clarify the capital treatment of tokenized securities, FIA and other financial trade associations welcomed the news and sought further action. CONTINUE READING

FIA invites the CFTC to consider a modified regime for fully collateralized and pre-funded clearing models, including those catering to retail traders. CONTINUE READING

FIA has responded to the Financial Conduct Authority’s consultation on improving the UK Transaction Reporting Regime. FIA welcomes several positive elements within the proposals, including reduced back-reporting timelines and the removal of low-value reportable fields. At the same time, FIA highlights industry concerns relating to proposals on conditional single-sided reporting, which members believe are unlikely to deliver meaningful efficiency gains. CONTINUE READING

FIA highlights issues for consideration by the EBA for the SREP Guidelines, with the aim of increasing proportionality and increase alignment with existing EU regulatory frameworks in the Operational Resilience space. CONTINUE READING

FIA and ISDA backed CPMI-IOSCO proposals, urging clearer prescriptive treatment of FMI general business losses, stronger resources, consistent scenarios, transparency, and rejecting margin gains haircutting. CONTINUE READING

FIA submitted comments to the Clearing Corporation of India Limited's consultation on revising the capped member liability framework for Default Fund replenishment. FIA welcomed CCIL’s aim to improve transparency and predictability of members’ potential unfunded Default Fund exposure. CONTINUE READING