Latest news and updates
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FIA responds to EBA consultation on non-ICT third-party risks
FIA has responded to the European Banking Authority’s consultation on third party risk management for non-ICT services. In the response, FIA highlights issues for consideration by the EBA for the guidelines to more proportionately enhance third party oversight in the EU financial sector landscape.
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Transforming the Position Transfer Process
With the release of a new DMIST standard, the industry now has a framework to accelerate processing times, more efficiently collect the data needed to effect the position transfer and set the stage for automating the process. Representatives from brokerage firms, clients and clearinghouses will share their insight on how clients, clearing members and clearinghouses can work together to streamline the Position Transfer process and reduce risk.
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DMIST Publishes Final Standard for Position Transfers
This is the third final standard published by DMIST, an independent organization formed by FIA in July 2022, to promote greater efficiency across the trading and clearing workflow.
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EU T+1 Industry Committee publishes road map for T+1 settlement transition
The EU T+1 Industry Committee has published a high-level road map for the transition to a T+1 settlement cycle for securities on 11 October 2027. The road map contains a set of recommendations developed collaboratively by association representatives and workstream leads from various industry segments.
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Key FIA-led initiatives
Other resources
Operations Americas Division
Read more about Ops Americas Division workstreams
Derivatives Market Institute for Standards (DMIST)
An FIA-led effort to develop industry-wide standards
