Videos
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Europe’s legislative review
As the review of core European financial market regulations continues apace, FIA looks at the key areas impacting cleared derivatives markets, including EMIR 2.2, equivalence and the next steps for the MiFID II/R framework.
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CFTC’s anti-corruption initiative
In March 2019, the CFTC’s then-Enforcement Director surprised many when he said that the CFTC would investigate and bring enforcement actions relating to foreign corrupt practices that impacted that swaps and futures markets.
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FIA issues joint letters on importance of linking UK ETS with EU ETS ahead of COP26
FIA recently released a joint paper urging the UK Government to start the process of linking the new UK Emissions Trading System (UK ETS) with the EU’s Emissions Trading System (EU ETS) as soon as practicable.
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FIA statement on the US Senate confirmation of Gary Gensler to chair the SEC
FIA President and CEO Walt Lukken today made the following statement after the US Senate voted to confirm Gary Gensler as Chairman of the Securities and Exchange Commission (SEC)
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DOJ enforcement priorities in commodities & derivatives markets: A discussion with DOJ leadership
During this discussion, James McDonald, Sullivan & Cromwell Partner, interviews Robert Zink, U.S. Department of Justice, Acting Assistant Attorney General (and Chief of the DOJ Fraud Section from January 2019 to August 2020), regarding DOJ’s enforcement priorities in the commodities and derivatives markets and white collar area more generally.
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Response by the FIA European Principal Traders Association to the European Commission consultation on the draft Delegated Regulation specifying the conditions under which the commercial terms for clearing services for OTC derivatives are to be considered to be fair, reasonable, non-discriminatory and transparent (FRANDT)
Many of FIA EPTA’s members are clients of direct clearing members, and therefore rely on clearing members for access to financial markets. In consequence, we are supportive of the overarching objective which the Delegated Regulation on FRANDT seeks to achieve, which is to increase access to client clearing services by ensuring that clearing members provide clearing services on fair, reasonable, non-discriminatory, and transparent terms.
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FIA and ISDA respond to European Commission's consultation on FRANDT requirements
FIA and ISDA responded to the European Commission (EC)’s consultation on the draft Delegated Act and accompanying Annex to specify the conditions under which the commercial terms for clearing services for OTC derivatives are to be considered to be fair, reasonable, non-discriminatory and transparent (FRANDT).
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FIA and ISDA response to the European Commission’s ‘Roadmap’ consultation on CSDR
FIA and ISDA on 4 April 2021 submitted a response to the European Commission’s ‘Roadmap’ consultation on the review of CSDR.
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FIA EPTA Response to the HM Treasury Consultation on the Implementation of the Investment Firms Prudential Regime and Basel 3 standards
The FIA European Principal Traders Association (FIA EPTA) appreciates the opportunity to respond to HM Treasury’s consultation on the Implementation of the Investment Firms Prudential Regime and Basel 3 standards. As MiFID II investment firms our members strongly support the more proportionate prudential regime contained in the Investment Firms Prudential Regime (IFPR). FIA EPTA members agree with the Government’s proposals. Specifically, in regard to the UK resolution regime, we would strongly urge the Government to exclude FCA authorised investment firms from its scope. We hope this feedback is useful and would be delighted to provide any further input as required.
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Complying with cybersecurity regulations in an increasing threat environment
Cybersecurity regulation is evolving in the commodity and derivatives markets. Multiple regulations, rules and CFTC requirements are whipsawing challenging companies, while the risk of hacking is on the rise.
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