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.
Two influential regulatory officials have indicated that they share the widespread concerns within the derivatives industry regarding the impact of Basel III capital requirements on clearing firms. Although they expressed these views as individuals, their comments suggest that banking regulators are recognizing that the treatment of cleared derivatives under Basel III should be reviewed.
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. In May, FIA published our response to President Trump’s call to review U.S. financial reform rules in the form of a whitepaper outlining specific policy recommendations for improving the U.S. regulatory framework.
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.
