Europe News
The latest industry and regulatory news affecting Europe and the U.K.
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FIA Legal Opinions Primer
If you are an experienced user of FIA legal opinions, new to the world of FIA netting and other legal opinions for regulatory capital purposes or just curious as to why FIA maintains a library of legal opinions, then this FIA webinar where experts from Clifford Chance LLP and FIA explain the types of legal opinions that FIA maintains, their structure and purpose in the context of regulatory capital requirements is for you.
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FIA urges market participants to prioritize data standardization
"Tag 1031" effort to resolve brokerage rate issues is an important example of industry-led solutions
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FIA and ISDA respond to BoE CCP operational resilience paper
FIA and ISDA have responded jointly to the Bank of England’s consultation paper (CP) on operational resilience of Central Counterparties. The associations applaud UK authorities for focusing on the operational resilience of the entire financial sector – including Financial Market Infrastructures (FMIs) such as CCPs.
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EU proposal for second layer of CCP skin-in-the-game a win for clearing firms
Recent regulatory actions show an increased focus on issues surrounding CCP recovery and resolution. And based on the EU's CCP Recovery and Resolution Regime, it seems that policymakers have provided national authorities and CCPs with adequate tools to manage a crisis while also balancing incentives for all participants to appropriately manage risk.
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FIA responds to FCA discussion paper on new UK regulation for investment firms
The response focuses on a few specific proposed requirements that FIA's UK-based investment firm members have identified as problematic or needing further clarification.
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Response by the FIA EPTA to the FCA Discussion Paper on a new UK prudential regime for MiFID investment firms
FIA EPTA appreciates the opportunity to provide feedback to the Financial Conduct Authority (FCA) on its Discussion Paper regarding the implementation of the new UK prudential regime for MiFID investment firms. Market making and liquidity provision (also referred to as principal trading or dealing on own account) is a distinct activity that is undertaken by non-systemic investment firms rather than banks, in a highly dispersed and varied ecosystem of independent Principal Trading Firms.
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FIA releases surveillance and market abuse guidelines
London, UK – FIA today released new guidelines to assist market participants in fulfilling obligations set by UK and European regulators in relation to surveillance and market abuse requirements.
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Consolidated response by FIA EPTA to the EBA consultations on IFR/IFD Level 2
FIA European Principal Traders Association (FIA EPTA) appreciates the opportunity to provide feedback to the European Banking Authority (EBA) on the implementation of the new regulatory framework for investments firms (IFR/IFD). FIA EPTA has consistently welcomed the new prudential regime for investment firms contained in the Investment Firm Regulation and Directive (IFR/IFD), which is aimed at creating a tailored and proportionate prudential framework for firms such as those we represent.
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FIA Responds to EBA on draft regulatory technical standards under IFR
FIA has responded to the EBA consultation on draft Regulatory Technical Standards (RTS) related to implementation of a new prudential regime for investment firms in the EU.
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People News – July/August 2020
Appointments, promotions and other people news in the derivatives industry
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