Statement of FIA President and CEO Walt Lukken on the unanimous vote of House Financial Services Committee in passing H.R. 5749, the "Options Market Stability Act."
FIA and the International Swaps and Derivatives Association sent comments to the Federal Reserve Board of Governors today expressing serious concerns with proposed changes to the mandatory Banking Organization Systemic Risk Report form (FR Y-15) that would affect the treatment of client-cleared over-the-counter derivatives transactions for purposes of the capital surcharge (the G-SIB Surcharge) imposed on U.S. global systemically important banking organizations (G-SIBs).
On 5 June 2017 and 30 June 2017, FIA submitted responses (jointly with ISDA and ASIFMA) to the Monetary Authority of Singapore regarding proposed amendments to Regulations under the Securities and Futures Act.
We’ve all heard the saying, “Work smarter, not harder.” Nearly a decade since the financial crisis, we are finally getting a chance to put this adage into practice.
On 17 May 2017, FIA responded to the Hong Kong Monetary Authority (HKMA) consultation paper on the implementation of the Basel III Leverage Ratio Framework in Hong Kong.
FIA President and CEO Walt Lukken sent an open letter to President Trump and key congressional and regulatory leaders calling for a comprehensive review of all U.S. financial reform regulation.
Today the Group of Central Bank Governors and Heads of Supervision (GHOS) of the Basel Committee on Banking Supervision announced a delay in their planned January meeting to review the latest package of proposals on capital requirements.