The Commission Delegated Regulations of 19 December 2012 supplementing EMIR were published in the Official Journal on 23 February 2013 and came into force on 15 March 2013.
CONTINUE READING“Derivatives are the highest financial life form on the planet…” was the opening of my dust jacket endorsement of Chris Culp’s recent book, Risk Transfer.
CONTINUE READINGFIA submits comments in response to CFTC Advance Notice of Proposed Rulemaking and Request for Comments on Antidisruptive Practices Authority Contained in Section 747 of the Dodd-Frank Wall Street Reform and Consumer Protection Act.
CONTINUE READINGAt a House Financial Services Committee hearing with Federal Reserve Chair Janet Yellen, Rep. Frank Lucas (R-OK) raised the issue of capital requirements and how the leverage ratio could negatively impact end-users.
CONTINUE READINGIn response to the establishment of the IOSCO Task Force, which was charged with the responsibility of developing a 'tool kit' for cross-border regulatory approaches and considering the need for implementation guidance, an international group of financial service trade associations, investment banks, brokerage houses and market infrastructure operators came together to establish the Cross-Border Regulation Forum (CBRF) for the specific purpose of providing joint industry input into the work of the Task Force.
CONTINUE READINGOn Aug. 16, three high-level groups of regulators issued a coordinated package of reports aimed at strengthening the safety and resiliency of derivatives clearinghouses worldwide.
CONTINUE READINGIt seems fitting to pause at the mid-point of the decade to reflect on what has happened. It’s been a remarkable period for the futures and options business.
CONTINUE READINGToday, in response to the Commodity Futures Trading Commission’s (CFTC) supplemental notice of proposed rulemaking regarding Regulation AT, FIA and the FIA Principal Traders Group (FIA PTG) submitted comments opposing overly prescriptive regulation of automated trading.
CONTINUE READINGOn 15 November 2016, FIA and GFMA jointly submitted supportive feedback on the European Commission’s published Draft Implementing Regulation and feedback request on the extension of transitional period related to own funds requirements for exposure to CCPs in the Capital Requirements Regulation (CRR).
CONTINUE READINGFollowing the decision by the European Parliament and the Council to opt in favour of mandatory position limits whose calibration shall be determined by ESMA through regulatory technical standards, FIA Europe (formerly FOA) and ISDA called for a standard approach to hedging exemption definitions as applied under MiFID Article 59.
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