Clearing
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FIA co-signs letter on equivalence of trading venues under EMIR UK and MiFIR UK
On 5 April, FIA co-signed a letter to HM Treasury and FCA regarding the equivalence of EEA trading venues.
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FIA warns of increased market fragmentation caused by regulation
Boca Raton, FL – FIA President and CEO Walt Lukken today released a white paper that expresses FIA’s concerns about increased fragmentation of the global listed and cleared derivatives markets due to inconsistent and duplicative regulatory frameworks.
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FIA urges regulators to eliminate barriers to clearing
FIA today filed a response to the Basel Committee on Banking Supervision’s consultation on the treatment of client-cleared derivatives.
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European Commission sets out no-deal Brexit Contingency Plan
The European Commission today implemented a Contingency Action Plan for a number of specific sectors in the event of a no-deal Brexit, including adopting acts to provide temporary and conditional equivalence to UK CCPs and central depositary services, as well as two delegated regulations to facilitate the novation of certain OTC derivatives.
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FIA encouraged by reported EU equivalence of UK CCPs in the event of ‘no-deal’ Brexit
FIA President and CEO Walt Lukken today made the following statement regarding reported action by the European Commission to deem UK’s regulatory and legal framework for UK CCPs as equivalent under EMIR for a 12-month period in the event of a no-deal Brexit.
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FIA joins AFME, ISDA and ICMA to seek greater clarity on temporary equivalence and recognition of UK CCPs
FIA joined three other financial trade associations in writing to European Union Vice President Valdis Dombrovkis seeking greater clarity regarding recent statements about temporary equivalence and recognition of UK CCPs post-Brexit.
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FIA issues updated CCP risk management recommendations
FIA today published a series of recommendations to improve clearinghouse risk management following recent market developments.
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FIA and other trades urge European leaders to consider third country access in ongoing Investment Firm Review
FIA, Deutsches Aktieninstitut, AFME, EDMA, ICMA, Swiss Finance Council and ISDA (together “the Associations”) welcome the debate about equivalence and support the reforms to promote the safety and transparency of markets globally.
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FIA statement on Basel Committee’s consultation on capital
FIA President and CEO Walt Lukken today made the following statement regarding the Basel Committee on Banking Supervision’s announcement of a consultation on the leverage ratio treatment of client cleared derivatives.
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FIA publishes FIA Terms of Business 2018
London—6 August 2018 — FIA today announced the publishing of a fully updated and comprehensive set of industry standard contractual terms for derivatives clearing – the FIA Terms of Business 2018.
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