Clearing
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FIA welcomes proposed guidance on central counterparty risk and pushes for more transparency
FIA joined four industry trade associations in a response to proposed guidance from the Committee on Payments and Market Infrastructures (CPMI), the International Organization of Securities Commissions (IOSCO) on resilience and recovery of central counterparties (CCPs).
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FIA welcomes regulatory focus on central counterparty risk
FIA welcomes today’s publication of reports from the Committee on Payments and Market Infrastructures (CPMI), the International Organization of Securities Commissions (IOSCO), and the Financial Stability Board (FSB) as an important step in ensuring the safety and resilience of the derivatives clearing infrastructure globally (CPMI-IOSCO consultative document available here, FSB discussion paper available here).
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Lukken discusses FIA's key policy issues
FIA President and CEO Walt Lukken spoke with Jim Kharouf of John Lothian News about FIA's priority issues for the rest of 2016.
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FIA analysis: leverage ratio proposals will negatively impact client clearing
Washington, D.C. — FIA submitted a response to the Basel Committee on Banking Supervision’s consultative document on revisions to the Basel III leverage ratio framework.
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FIA president testifies on impact of capital and margin requirements
FIA President and CEO Walt Lukken testified on capital and margin issues affecting the derivatives industry at a hearing of the House Agriculture Subcommittee on Commodity Exchanges, Energy and Credit.
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FIA President: Basel capital requirements will harm end-users
Washington, D.C. — FIA President and CEO Walt Lukken testified today at a hearing on the impact of capital and margin requirements on end-users, held by the House Agriculture Subcommittee on Commodity Exchanges, Energy, and Credit.
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FIA pledges to continue working with Basel Committee on impact of capital requirements
FIA welcomed the Basel Committee's consultation on proposed revisions to the leverage ratio today, but expressed disappointment that the new framework does not include an offset for initial margin.
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FIA welcomes US-EU accord on CCP equivalence
FIA today issued the following statement from FIA President and CEO Walt Lukken regarding the joint announcement by European Commissioner Jonathan Hill and CFTC Chairman Tim Massad that they have agreed on a "common approach" to the regulation of clearinghouses in the U.S. and Europe.
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Walt Lukken on the health of the clearing ecosystem
Walt Lukken delivered a State of the Union address to the FIA Asia Derivatives Conference 2015, touching on key issues including consolidation and lack of diversity of clearing members, the changing business model for clearing caused by regulatory costs and Basel III capital requirements, and potential fragmentation of global markets due to the lack of cross-border regulatory coordination.
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EC responds to joint letter on EMIR article 13 and MiFID article 33 equivalence
EC responds to joint letter on EMIR article 13 and MiFID article 33 equivalence
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