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Publications & Filings

  • FIA supports FinCEN anti-money laundering efforts

    FIA today wrote in support of the Financial Crimes Enforcement Network’s (FinCEN) efforts to update to the existing anti-money laundering (AML) regulations that would require covered financial institutions, which include FCMs, to maintain an "effective and reasonably designed" AML programs as informed by the institution's risk assessment and FinCEN’s national AML priorities.

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  • FIA recommends that CFTC not adopt supplemental proposed bankruptcy rules

    FIA today filed comments with the Commodity Futures Trading Commission (CFTC) cautioning the CFTC against adopting a supplemental bankruptcy proposal that would establish new rules governing the bankruptcy of Systemically Important Derivatives Clearing Organizations (SIDCOs).

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  • FIA issues white paper on the impact of pandemic volatility on CCP margin requirements

    FIA today released a white paper that examines the dramatic increase in margin requirements at derivatives clearinghouses during the first quarter of 2020 due to increased market volatility related to the pandemic.

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  • FIA supports CFTC proposal on initial margin requirements for non-cleared swaps

    FIA’s commodities members generally support the two CFTC proposals regarding the “Margin Requirements for Uncleared Swaps for Swap Dealers and Major Swap Participants.” The Proposals seek to amend the current margin requirements for uncleared swaps for Swap Dealers and Major Swap Participants for which there is no prudential regulator.

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  • Joint trade association letter to APAC regulators on reciprocol business continuity plans

    On 5 October 2020, FIA, joined AFMA, ASIFMA, IBA and ISDA, to submit a letter to the financial regulators in Australia, Hong Kong, Japan, and Singapore to request for reciprocal Business Continuity Plan (BCP) arrangements between jurisdictions.

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  • FIA paper on the necessity, path and related issues of opening the financial futures market

    FIA greatly appreciates CFFEX’s interest in these critical topics that affect the global financial markets and the end-users who rely on derivatives products for price certainty and to hedge their risks. FIA strongly supports the regulatory recognition and deference model that has been the foundation of the futures industry for years. Identical rules, on a line-by-line basis, implemented globally across jurisdictions is impracticable.

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  • FIA and FIA PTG join over two dozen trade groups in opposing NJ FTT proposal

    On 6 October, FIA and FIA PTG joined over two dozen trade groups in sending letters of opposition to the New Jersey legislature, highlighting concerns about legislative proposals that would impose a tax on high-quantity processors of financial transactions.

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  • FIA and ISDA respond to BoE CCP operational resilience paper

    FIA and ISDA have responded jointly to the Bank of England’s consultation paper (CP) on operational resilience of Central Counterparties. The associations applaud UK authorities for focusing on the operational resilience of the entire financial sector – including Financial Market Infrastructures (FMIs) such as CCPs.

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  • FIA responds to FCA discussion paper on new UK regulation for investment firms

    The response focuses on a few specific proposed requirements that FIA's UK-based investment firm members have identified as problematic or needing further clarification.

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  • FIA releases surveillance and market abuse guidelines

    London, UK – FIA today released new guidelines to assist market participants in fulfilling obligations set by UK and European regulators in relation to surveillance and market abuse requirements.

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