17 May 2017
On 16 May, FIA and ISDA submitted a joint response to the European Commission's consultation on the operations of the European Supervisory Authorities such as the European Securities and Markets Authority. FIA and ISDA proposed improvements to the process by which ESMA drafts and phases-in legislation, and recommended creating a European version of the CFTC’s “no-action letter” regime. The two associations also called for further analysis of ESMA’s proposal to centrally regulate all CCPs and CSDs in the U.K., and issued a call for caution regarding direct supervision of third country firms that are recognised in the EU.
Contact Simon Puleston Jones
Key IssuesCapitalCCP Risk Commodities Cross-Border Digital Assets Diversity & Inclusion Operations and Execution Sustainable Finance All Advocacy |
News & ResourcesPress ReleasesFIA MarketVoice Webinars Podcasts Data Resources Documentation Training CCP Risk Review Hall of Fame |
AboutContact UsAbout FIA Governance Staff Directory Affiliates List of Members Membership Member Forums Careers |
EventsBocaL&C IDX Expo Asia FIA-SIFMA AMG Webinars Register as Speaker All Events |
---|---|---|---|
BrusselsOffice 502 |
LondonLevel 28 |
SingaporeOne Raffles Quay North Tower |
Washington, DC2001 K Street NW |