FIA calls on international regulators to continue progress on margin transparency
FIA has filed a letter with international standard-setting bodies urging further progress on efforts to increase the resilience of global derivatives markets in times of stress. The letter was submitted in response to a consultation on initial margin requirements in centrally cleared derivatives markets that was issued by Basel Committee on Banking Supervision (BCBS), the Bank for International Settlements' Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO).
FIA responds to CFTC proposal on FCM operational resilience framework
April 1, 2024 CONTINUE READINGFIA responds to FCA, BoE draft guidance on UK EMIR reporting requirements
March 28, 2024 CONTINUE READINGFIA joins response to BCBS consultation on bank exposures to cryptoassets
March 28, 2024 CONTINUE READINGFIA responds to consultation on critical third parties in the UK financial sector
March 15, 2024 CONTINUE READING
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FIA calls on international regulators to continue progress on margin transparency
FIA has filed a letter with international standard-setting bodies urging further progress on efforts to increase the resilience of global derivatives markets in times of stress. The letter was submitted in response to a consultation on initial margin requirements in centrally cleared derivatives markets that was issued by Basel Committee on Banking Supervision (BCBS), the Bank for International Settlements' Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO).
CONTINUE READINGEuropean T+1 Industry Task Force responds to UK report
FIA has joined several industry associations in welcoming a recent UK report on moving to T+1 settlement.
CONTINUE READINGFIA responds to CFTC proposal on FCM operational resilience framework
FIA has submitted a response to the CFTC’s proposed rule requiring an operational resilience framework for futures commission merchants.
CONTINUE READINGFIA joins response to BCBS consultation on bank exposures to cryptoassets
FIA has joined with several other trade associations in responding to the Basel Committee on Banking Supervision’s (BCBS) consultative document on amendments to its standard for bank exposures to cryptoassets.
CONTINUE READINGFIA responds to FCA, BoE draft guidance on UK EMIR reporting requirements
FIA has responded to the UK Financial Conduct Authority and Bank of England’s consultation setting out draft questions and answers as guidance to support the implementation of revised UK EMIR reporting requirements that go live on 30 September 2024.
CONTINUE READINGFIA urges CFTC to fill gaps in customer protections before approving leveraged direct clearing
FIA has filed comments with the Commodity Futures Trading Commission on proposed rulemaking related to the protection of clearing member funds held by designated clearing organizations. FIA’s letter supports the proposed codification of segregation and additional protections for clearing member property, many of which are in place today at major clearinghouses. However, the letter cautions that the rulemaking is far from sound footing for the CFTC to approve new direct clearing models, such as the leveraged disintermediated clearing model first sought by FTX.
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