Publications & Filings
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FIA submits comments to FinCEN on Beneficial Ownership Information Access and Safeguards, and Use of FinCEN Identifiers for Entities.
FIA has submitted a letter to the Financial Crimes Enforcement Network (FinCEN) related to a proposed rule titled Beneficial Ownership Information Access and Safeguards, and Use of FinCEN Identifiers for Entities. In its comments to FinCEN, FIA noted its supports for a separate comment letter from the Securities Industry and Financial Markets Association (SIFMA) that would make the proposed rule more useful and cost-effective for FIA members who operate in futures and derivatives markets.
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FIA urges CFTC to codify no action relief for DCO reporting
FIA has filed comments with the US Commodity Futures Trading Commission that respond to the pending notice of proposal rulemaking on reporting requirements for derivatives clearing organizations (DCOs).In its letter, FIA supports the CFTC’s proposal to codify no-action relief for variation margin reporting, highlighting the importance of clear rules for DCOs and their clearing members.
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FIA responds to IOSCO consultation on carbon markets
FIA has responded to an International Organization of Securities Commissions (IOSCO) public consultation on recommendations for establishing sound Compliance Carbon Markets (CCMs) and on key considerations for enhancing the resilience and integrity of Voluntary Carbon Markets (VCMs).
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FIA, ISDA, AIMA and EFAMA publish statement on the EC’s proposed amendments to EMIR
The European Commission has proposed that firms subject to the EU clearing obligation should have an active account at an EU CCP, while giving the European Securities and Markets Authority the power to define the portion of certain euro- and Polish zloty-denominated contracts that should be cleared through those accounts via secondary regulation. Changes to capital rules would reinforce this, making it less commercially viable for EU market participants to clear through CCPs based outside the EU.
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FIA comments on ION Group cyber incident
FIA is aware of network issues caused by a cyber incident on certain ION Group systems which are impacting the trading and clearing of exchange traded derivatives by ION customers across global markets.
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FIA joins associations in call for risk-based approach to CSDDD
FIA has joined with three other associations in a whitepaper that highlights the importance of ensuring the proposed EU Corporate Sustainability Due Diligence Directive (CSDDD) takes a proportionate, risk-based and workable approach and that it provides a clear, practical and legally certain framework.
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FIA Responds to Hong Kong SFC risk management consultation for futures brokers
FIA says a one-size-fits-all approach should be avoided and instead advocates for greater flexibility to be given to futures brokers as long as the necessary risk controls and reporting requirements are in place.
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FIA urges SEC to exempt FCMs from expanded US Treasuries clearing proposal
FIA has submitted comments to the US Securities and Exchange Commission (SEC) in response to proposed rules establishing standards for covered clearing agencies for U.S. Treasury securities.
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FIA responds to Hong Kong SFC consultation on Position Limit Regime changes
FIA has responded to the Hong Kong Securities and Futures Commission’s consultation conclusions and further consultation on changes to the Position Limit Regime.
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FIA responds to Eurex consultation on the implementation of the second skin in the game
While FIA and its members have been strong advocates for a SSITG, Eurex's intention to reduce the first SITG by 28% as part of the implementation is “opposed to the spirit of the new recovery and resolutions regulations and what the industry has been pushing for the past few years.”
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