On 23 January, FIA and ISDA (the Associations) submitted feedback on the European Commission’s (Commission) published Draft Implementing Regulation on the operations of the European Supervisory Authorities (ESAs) and the proposed supervisory framework.
The CFTC's division of swap dealer and intermediary oversight on Nov. 30 issued no-action relief to FCMs and introducing brokers that streamlines the process for providing risk disclosure statements to non-institutional customers.
FIA, along with the FIA Principal Traders Group (FIA PTG), expressed grave concerns regarding a critically important provision in the CFTC’s proposed supplement to its draft rules on automated trading.
On 17 October, FIA co-signed a letter with the Joint Associations Committee (JAC), the International Swaps and Derivatives Association (ISDA), the Global Foreign Exchange Division of the Global Financial Markets Association (GFMA), and the International Capital Market Association (ICMA), calling for a delay of the PRIIPs Regulation by one year to 3 January 2018 as the only viable option that allows for the effective implementation of the PRIIPs Regulation.
FIA submitted its response jointly with the International Swaps and Derivatives Association to ESMA’s consultation on guidelines on information required or reasonably expected to be disclosed on commodity derivatives markets or related spot contracts under Art 7 (5) of the Market Abuse Regulation.
FIA has submitted its response to ESMA’s Consultation Paper on “Guidelines on transaction reporting, reference data, order record keeping & clock synchronisation."
FIA writes to the Division of Clearing and Risk on behalf of its member futures commission merchants (“FCMs”) to request confirmation of certain rule interpretations with respect to CFTC Rule 1.73.
FOA response to Guidelines on systems and controls in a highly automated trading environment for trading platforms, investment firms and competent authorities
