FIA has submitted comments on the second reading draft of the “Futures and Derivatives Law of the People’s Republic of China” (the “Futures and Derivatives Law”) to the Standing Committee of the 13th National People's Congress.
FIA joined ISDA and four other trade bodies and wrote to the European Commission and European Supervisory Authorities to request they extend the current temporary derogations from clearing and margining requirements for intragroup transactions where at least one group entity is in a non-EU jurisdiction.
Getting the balance right on euro clearing could take a few years as the European Union works to improve the attractiveness of clearing and encourage infrastructure development in the bloc, a top European Commission official said.
As Chinese futures exchanges gradually increase the number of contracts that can be traded from abroad, technology providers to the global futures industry are extending their services to support inflow of trading interest.
Nine industry associations (AFME, AIMA, EAPB, EBF, EFAMA, FIA, ICI, ISDA, SIFMA AMG) – representing the broadest group of market participants – have written to European Commissioner Mairead McGuinness, respectfully requesting that the European Commission (EC) extend the EC equivalence decision for UK CCPs.
On 6 August, FIA co-signed a letter to US Treasury Secretary Janet Yellen and the US Trade Representative Katherine Tai expressing support for the continued implementation of the US-China Phase One Trade Agreement.
FIA has submitted comments on the second reading draft of the “Futures and Derivatives Law of the People’s Republic of China” (the “Futures and Derivatives Law”) to the Standing Committee of the 13th National People's Congress.
FIA joined ISDA and four other trade bodies and wrote to the European Commission and European Supervisory Authorities to request they extend the current temporary derogations from clearing and margining requirements for intragroup transactions where at least one group entity is in a non-EU jurisdiction.
Getting the balance right on euro clearing could take a few years as the European Union works to improve the attractiveness of clearing and encourage infrastructure development in the bloc, a top European Commission official said.
As Chinese futures exchanges gradually increase the number of contracts that can be traded from abroad, technology providers to the global futures industry are extending their services to support inflow of trading interest.
Nine industry associations (AFME, AIMA, EAPB, EBF, EFAMA, FIA, ICI, ISDA, SIFMA AMG) – representing the broadest group of market participants – have written to European Commissioner Mairead McGuinness, respectfully requesting that the European Commission (EC) extend the EC equivalence decision for UK CCPs.
On 6 August, FIA co-signed a letter to US Treasury Secretary Janet Yellen and the US Trade Representative Katherine Tai expressing support for the continued implementation of the US-China Phase One Trade Agreement.
