FIA filed a comment letter with the Commodity Futures Trading Commission (CFTC) today in response to the Commission’s supplemental notice of proposed rulemaking regarding exemptions from speculative position limits.
CONTINUE READINGFIA, working with 13 other trades associations representing all corners of financial markets, has published a paper expressing concern that the EU Benchmarks Regulation third country benchmarks regime transition period should be extended to end-2025. It is currently set to expire at the end of 2021.
CONTINUE READINGIn recent comments to an ASX consultation on default management issues, FIA’s members are strongly in favour of consultations with a CCP’s wider membership on default management arrangements.
CONTINUE READINGFIA EPTA supports transparent, robust, and safe markets with a level playing field and appropriate regulation for market participants. We consistently support the aim of the market structure reforms laid out in MiFID II/MiFIR and welcome the opportunity to respond to this consultation on MiFID II/ MiFIR review on the functioning of Organised Trading Facilities (OTF). Our members are aware of various systems and market practices which seem to conflict with MiFID II expectations for multilateral systems.
CONTINUE READINGFIA EPTA supports transparent, robust and safe markets with a level playing field and appropriate regulation for market participants. We consistently support the aim of the market structure reforms laid out in MiFID II/MiFIR and welcome the opportunity to respond to this consultation on the obligations to report transactions and reference data.
CONTINUE READINGOn 27 November, FIA responded to the UK Financial Conduct Authority’s consultation on its approach to international firms.
CONTINUE READINGThe FIA European Principal Traders Association (FIA EPTA) appreciates the opportunity to respond to the FCA’s consultation paper on its approach to international firms and the process for setting out the FCA’s expectations of such firms operating in the United Kingdom under its framework. FIA EPTA is supportive of the FCA’s proposed flexible approach to the regulation of international firms.
CONTINUE READINGOn 30 November, FIA jointly with ISDA, AIMA, AFME, ICI Global, EBF and EFAMA submitted a letter recommending the European Commission to issue equivalence determinations under EMIR Art 2a before the end of the transition period, in order to ensure that EU firms can benefit from treatment similar to that available to firms established in the UK, avoiding unintended consequences that would have an impact on their risk management or investment activities.
CONTINUE READINGFIA President & CEO Walt Lukken welcomes participants of the 2020 virtual Asia Derivatives Conference, Asia-V.
CONTINUE READINGFIA President and CEO Walt Lukken today released the following statement congratulating House Agriculture Committee Chairman-designate Representative David Scott and Ranking Member-designate Representative Glenn ‘GT’ Thompson.
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