Recent Updates
-
FIA EPTA’s Sandra Burggraf appointed to EBA Banking Stakeholder Group
FIA European Principal Traders Association is pleased to announce that Sandra Burggraf, Senior Policy Advisor – Prudential Regulation & Risk, has been appointed to the European Banking Authority’s Banking Stakeholder Group (EBA BSG).
CONTINUE READING -
FIA EPTA Response to the IOSCO consultation report - Evolution in the Operation, Governance and Business Models of Exchanges: Regulatory Implications and Good Practices
The trend towards the de-mutualization of exchanges that began in the early 2000s has resulted in the most significant European exchanges being for-profit organisations. There has also been substantial consolidation amongst exchanges in Europe arising from acquisitions by other exchanges. Furthermore, there have been acquisitions by exchanges of entities not involved or only peripherally involved in exchange-type activities resulting in a significant dilution of the importance of revenues arising from execution fees to the overall revenues of the groups operating these exchanges.
CONTINUE READING -
FIA EPTA response to the FCA Consultation Paper on Extending the Sustainability Disclosure Requirements (SDR) regime to Portfolio Management (CP24/8**)
FIA EPTA members welcome the actions and responsibilities taken by the FCA, FIA EPTA members believe that the sustainability disclosure requirements are important and needed to build trust in ESG/Sustainable products and help (end)investors make meaningful investment decisions.
CONTINUE READING -
FIA EPTA responds to FCA proposal on publicising enforcement investigations
FIA EPTA has responded to the UK Financial Conduct Authority’s public consultation on changes to its approach to enforcement investigations.
CONTINUE READING
The proposed changes include the FCA publicly announcing the opening of an investigation and disclosing the identity of the subject of the investigation where it considers this to be in the public interest. While the associations support the FCA’s commitment to making its activities more transparent, they are concerned that the proposed approach will be detrimental to the orderly functioning of UK capital markets with limited value to public interest.
Subscribe to the FIA ETPA
#WeAreMarketMakers Newsletter
Social Media
Follow us on
EPTA Blog
-
FIA EPTA Response to the IOSCO consultation report - Evolution in the Operation, Governance and Business Models of Exchanges: Regulatory Implications and Good Practices
The trend towards the de-mutualization of exchanges that began in the early 2000s has resulted in the most significant European exchanges being for-profit organisations. There has also been substantial consolidation amongst exchanges in Europe arising from acquisitions by other exchanges. Furthermore, there have been acquisitions by exchanges of entities not involved or only peripherally involved in exchange-type activities resulting in a significant dilution of the importance of revenues arising from execution fees to the overall revenues of the groups operating these exchanges.
CONTINUE READING -
FIA EPTA response to the FCA Consultation Paper on Extending the Sustainability Disclosure Requirements (SDR) regime to Portfolio Management (CP24/8**)
FIA EPTA members welcome the actions and responsibilities taken by the FCA, FIA EPTA members believe that the sustainability disclosure requirements are important and needed to build trust in ESG/Sustainable products and help (end)investors make meaningful investment decisions.
CONTINUE READING -
FIA EPTA responds to FCA proposal on publicising enforcement investigations
FIA EPTA has responded to the UK Financial Conduct Authority’s public consultation on changes to its approach to enforcement investigations.
CONTINUE READING
The proposed changes include the FCA publicly announcing the opening of an investigation and disclosing the identity of the subject of the investigation where it considers this to be in the public interest. While the associations support the FCA’s commitment to making its activities more transparent, they are concerned that the proposed approach will be detrimental to the orderly functioning of UK capital markets with limited value to public interest. -
FIA EPTA response to the ESMA Consultation Paper on the draft Guidelines on the conditions and criteria for the qualification of crypto-assets as financial instruments
FIA EPTA members welcome the aim to provide general conditions and clarity on the divergence between financial instruments and crypto-assets. However, FIA EPTA members believe that in the suggested approach by ESMA, there is too much focus and room for interpretation for NCAs, we believe that clear criteria from ESMA are critical to define the regulatory perimeter between MiFID II and MiCAR.
CONTINUE READING -
FIA EPTA response to the FCA Consultation on Improving transparency for bond and derivatives markets (FCA CP 23/32)
FIA EPTA welcomes the FCA’s proposals on improving bonds and derivatives transparency. Our members are very supportive of both the ambition and simplicity shown regarding both pre-trade and post-trade transparency. A less complex regime will be easier for firms and trading venues to comply with and administer and above all will make UK capital markets more attractive. The inclusion of sovereign bonds in this ambitious framework is a particularly innovative step and will support the growth and competitiveness of UK capital markets with tangible benefits to the real economy.
CONTINUE READING -
FIA EPTA Public Comment on IOSCO’s Consultation Report on Market Outages
FIA EPTA members welcome the opportunity to respond to IOSCO’s consultation on market outages and are supportive of the work being done on this topic, particularly efforts to require trading venues to publish clear comprehensive outages plans on an ex-ante basis. Market resilience is at the core of efficient and competitive financial markets and it is imperative that trading venues clearly outline a well-planned approach to communication and management in the event of a market outage to provide certainty to market participants.
CONTINUE READING
