FIA and the International Swaps and Derivatives Association sent comments to the Federal Reserve Board of Governors today expressing serious concerns with proposed changes to the mandatory Banking Organization Systemic Risk Report form (FR Y-15) that would affect the treatment of client-cleared over-the-counter derivatives transactions for purposes of the capital surcharge (the G-SIB Surcharge) imposed on U.S. global systemically important banking organizations (G-SIBs).
CONTINUE READINGOn Nov. 22, FIA and ISDA filed a joint supplemental response with the Federal Reserve to support their opposition to proposed changes to the capital surcharge imposed on U.S. banking organizations that are determined to be "global systemically important banking organizations."
CONTINUE READINGOn 23 January, FIA and ISDA (the Associations) submitted feedback on the European Commission’s (Commission) published Draft Implementing Regulation on the operations of the European Supervisory Authorities (ESAs) and the proposed supervisory framework.
CONTINUE READINGOn 24 August, FIA and ISDA submitted a joint response to ESMA's consultation paper “ESMA’s Guidelines on CCP conflicts of interest management."
CONTINUE READINGThe Cross Border Regulation Forum (CBRF) has submitted a response, of which FIA Global is a co-signatory, to the International Organization of Securities Commissions (IOSCO) Consultation report on cross border regulation.
CONTINUE READINGOn Feb. 23, the Technology Advisory Committee of the Commodity Futures Trading Commission held a discussion on the agency's proposed Reg AT, which establishes a new set of requirements for firms using automated trading as well as a new set of registration requirements for certain types of firms.
CONTINUE READINGFIA Europe has published a report (see below) which sets out the views of the exchange-traded derivatives (ETD) industry regarding the reporting of valuations and collateral data under EMIR.
CONTINUE READINGFIA today announced that Mary Ann Burns, executive vice president and chief operating officer, will be leaving FIA at the beginning of July to head marketing and distribution for the craft brewery owned by her family.
CONTINUE READINGFIA announced the appointment of seven new members to its Asia Advisory Board.
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