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Publications & Filings

  • FIA and ISDA submit joint response to ESMA paper on clearing thresholds under EMIR

    On 19 January, FIA and ISDA jointly submitted its respond to ESMA's Discussion Paper on the review of the clearing thresholds under EMIR.

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  • FIA responds to proposed updated IOSCO commodities principles

    FIA has filed a response to a consultation report on principles for the regulation of commodity derivatives from the Board of International Organization of Securities Commissions (IOSCO). The report, published in November 2021, aimed to reflect changes and developments in commodities derivatives markets since the publication of the existing IOSCO Principles for the Regulation and Supervision of Commodity Derivatives in 2011.

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  • FIA and ISDA respond to BofE consultation on stress testing

    FIA and the International Swaps and Derivatives Association (ISDA) welcomed a consultation by the Bank of England (the Bank) on supervisory stress testing. The Associations together agreed overall with the presented approach. However, given the huge effort to run supervisory stress tests, the Associations jointly proposed for global regulators to join forces and run joint SSTs.

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  • FIA welcomes ESMA's approach to CSDR Settlement Discipline Regime

    FIA and other trade associations welcome clarification from ESMA that national competent authorities are expected not to prioritise supervisory actions in relation to the application of the CSDR buy-in regime.

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  • FIA submits comments on second reading of China’s draft Futures and Derivatives Law

    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.

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  • Industry urges EU to extend relief for cross-border intragroup transactions

    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.

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  • Trade associations raise concerns about proposal that would upend the tax treatment of derivatives

    FIA and FIA PTG joined eight trade associations in concerns about the impact S. 2621, the Modernization of Derivatives Tax Act, may have on derivatives markets and the end-users that rely on them.

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  • FIA responds to ESMA on EMIR trade reporting

    FIA submitted a response to ESMA's consultation on September 30 on the draft Guidelines for derivatives reporting under EMIR that highlights key areas where additional clarity and guidance is required from ESMA to ensure consistent interpretation and implementation of reporting rules to enable improved data quality, accuracy and completeness of reported data under EMIR Refit.

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  • FIA, other trades comment on Basel consultation on cryptoassets

    FIA joined five trade associations in a response to the Basel Committee on Banking Supervision’s consultative document on the prudential treatment of cryptoassets. The associations support BCBS’s decision to engage in an iterative approach to the prudential treatment of cryptoassets. However, the associations emphasize the need to provide clarity for the banks as the client demand grows.

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  • FIA and FIA EPTA comment on European Commission’s Platform on Sustainable Finance draft

    FIA and FIA EPTA submitted comments to the European Commission (EC) call for feedback on the Platform on Sustainable Finance’s draft proposal for an extended taxonomy to support economic transition.

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