This document summarizes the EU Regulation on Wholesale Energy Market Integrity and Transparency (REMIT) registration and reporting requirements, which enter into force on October 7, 2015 for certain exchange-traded energy futures and options and April 7, 2016 for certain over-the-counter energy contracts.
FIA sent a letter to the CFTC requesting a modification and extension of the current no-action relief for Ownership and Control Reports Implementation Reporting Requirements.
The Australian Treasury and the Australian Securities and Investments Commission released draft legislative amendments to implement the proposed central clearing mandate for OTC derivatives in Australia and to provide relief from trade reporting obligations for certain users.
FIA, together with ISDA, IA, AIMA and MFA has submitted a letter to Commissioner Hill of the EC concerning EMIR Article 13 and MiFIR Article 33 – Equivalence in the context of Clearing, Margin, Reporting and Trading requirements for OTC derivatives transactions, and the potential negative impact on access to non-EU markets by EU institutions.
As the listed derivatives industry comes to terms with increased operational costs and regulatory constraints, this edition of InfoNet explores the critical role of the vendor in the market ecosystem.
FIA has published a review of the cumulative effect of European derivatives law reform, setting out the core issues and offering potential solutions to encourage further debate.
FIA Europe CEO, Simon Puleston Jones delivered a keynote address at FOW Post-trade event in London on 11 May. His remarks, as prepared for delivery, follow:
