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Publications & Filings

  • FIA responds to FCA commodities consultation CP23/27

    FIA has submitted a response to the FCA’s commodity consultation. The FCA proposals are based on the UK’s wholesale markets review, initiated by HM Treasury in 2021. While FIA supports FCA’s goals of promoting market integrity and resilience, it is concerned about FCA’s proposed approach to the ancillary activities exemption.

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  • FIA responds to CFTC guidance on the listing of voluntary carbon credit derivatives

    The Commodity Futures Trading Commission's proposed guidance on voluntary carbon markets is a welcome attempt to strengthen the integrity of these markets, FIA says in a response to the proposal. However, if the CFTC intends to establish additional requirements for exchanges that list derivatives on carbon credits, it should engage in a formal rulemaking process.

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  • FIA and ISDA respond to Australia FMI regulatory reforms consultation

    FIA and ISDA have submitted a response to the Australian Treasury's consultation on the financial market infrastructure reform package. In particular, the associations have carefully considered the proposed crisis resolution regime.

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  • FIA response to provisional EMIR 3.0. agreement

    FIA congratulates the Council of the EU and the European Parliament on reaching a provisional political agreement on the review of the European market infrastructure regulation and directive (EMIR 3.0). FIA supports positive incentives to further enhance the attractiveness of EU clearing and EU capital markets. However, FIA remains convinced that any measures to increase the attractiveness of EU clearing should be guided by the principle of facilitating client choice on where to clear and protecting the international competitiveness of EU market participants.

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  • FIA responds to LME consultation on Daily Price Limits

    FIA has responded to the London Metal Exchanges's consultation on Daily Price Limits (DPLs). While supporting the LME's goal of creating a transparent market suspension framework based on consecutive DPLs, the response raises crucial considerations such as the impact on trading and clearing, trade confirmation processes, and the importance of clear communication.

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  • Joint industry response to European Commission's Call for Feedback on BMR

    FIA has submitted a joint response with GFMA and ISDA to the European Commission’s Call for Feedback on the review of the scope and regime for non-EU benchmarks. The response sets out the associations’ comments on the EC’s proposal, along with potential draft amendments where possible, and some additional revisions that are considered to support the EC’s aims.

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  • FIA Responds to HKEX Proposal on Severe Weather Trading

    FIA has submitted its response to HKEX’s Proposal on Severe Weather Trading of Hong Kong Securities and Derivatives Markets. FIA expresses its full support for the proposal and highlights that adequate settlement bank support, full capacity operations, ETD vendor participation and give-up processing should be in place to ensure the initiative's success.

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  • FIA and ISDA recommend changes to Singapore’s capital framework for clearinghouses

    On January 22, FIA and ISDA jointly responded to a consultation from the Monetary Authority of Singapore on proposed amendments to the capital framework for approved exchanges and approved clearinghouses.

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  • FIA and CME respond to CFTC proposed rulemaking on investments for FCMs and DCOs

    FIA and CME respond to CFTC proposed rulemaking on investments for FCMs and DCOs

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  • FIA strongly opposes provisions in Basel III Endgame Proposal

    FIA strongly opposes provisions in the Basel III Endgame Proposal put forward by US bank regulators. In letters filed today with the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency, FIA outlines its concerns, stating that the proposals would dramatically increase capital requirements for derivatives clearing services that banks offer to their clients. 

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