FIA recommends involving the China Securities Regulatory Commission alongside other authorities when determining the scope of qualified financial transactions, and ensuring equal legal protection for similar products regardless of where they are traded, cleared or settled. FIA also proposes adding a new article providing clear recognition and protection for financial market infrastructure operators.
CONTINUE READINGFIA submitted a petition to the Commodity Futures Trading Commission to sunset its Part 20 regulations for large trader reporting for physical commodity swaps. Issued in 2011 as a temporary swaps data collection measure, the CFTC has since established a comprehensive reporting regime for swaps through a series of rulemakings that has rendered the Swaps LTR Rules redundant and unnecessary.
CONTINUE READINGWhile in Paris for the FIA Forum, Walt Lukken sat down with Klaus Löber, Chair of the CCP Supervisory Committee at the European Securities Markets Authority, to discuss market trends, regulatory simplification, EMIR 3.0 and the importance of working with other international regulators.
CONTINUE READINGAppointments, promotions and other people news in the derivatives industry
CONTINUE READINGAt FIA’s forum in Paris last month, market participants discussed the innovations, initiatives and challenges shaping efforts to make the trading and clearing of derivatives more resilient and efficient.
CONTINUE READINGFIA and its affiliates, the European Principal Traders Association (EPTA), and the Principal Traders Group (PTG), jointly announce a new structure for the respective organisations that recognises the continued evolution and growth of EPTA and PTG, and their members, in markets outside of the cleared derivatives industry.
CONTINUE READINGFIA and its affiliates, the European Principal Traders Association (EPTA), and the Principal Traders Group (PTG), jointly announce a new structure for the respective organisations that recognises the continued evolution and growth of EPTA and PTG, and their members, in markets outside of the cleared derivatives industry.
CONTINUE READINGHow is the industry addressing friction points that cause delays in give-up processing? This webinar features members of the Derivatives Market Institute for Standards who have been actively implementing the Final Standard for Improving Timeliness of Trade Give-Ups and Allocations (30/30/30) released in June 2023. Representatives from brokerage firms and clients will share how they identified and resolved issues causing processing delays, reduced risk and increased the percentage of trades in the right account on T+0.
CONTINUE READINGFIA has submitted its response to ASX on its proposed Dynamic Default Fund Framework. In its response, FIA welcomed the initiative to strengthen resilience and risk management and also urged refinements to better align with international standards and market practice.
CONTINUE READINGThe Joint Trades recommend essential revisions of the Basel banking prudential treatment of cryptoassets and pausing implementation of SCO60 ahead of its January 2026 effective date to allow for a targeted consultation and redesign. The letter highlights the excessively conservative and overly punitive capital treatment of cryptoassets that is misaligned with actual risks, in addition to various inconsistencies with current market risk management practices.
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