Market Structure

FIA welcomes the European Commission's market integration package of measures, which aim to remove market barriers and enhance competitiveness in EU financial markets. FIA strongly supports these objectives and looks forward to reviewing and commenting on whether the goals of simplification and burden reduction will be achieved by the proposals.  CONTINUE READING

The FIA-sponsored European Agent Trustee Model (EATM) has gone live at LCH Ltd for its SwapClear service, marking an important milestone in a multi-year project between FIA, a consortium of bank clearing members, two European clearinghouses, and external counsel.  CONTINUE READING

FIA advocates for market-led, voluntary clearing of gilt repo transactions in response to the Bank of England Discussion Paper on enhancing the resilience of the gilt repo market. CONTINUE READING

The pace of change is undoubtedly quickening in our markets. We must have a regulatory structure that can keep up with the markets. CONTINUE READING

Regulators and market leaders debated the merits of centralised supervision in the EU, challenges in implementing EMIR 3.0, and the UK’s approach to systemically important clearinghouses, among other topics, at FIA’s forum in Paris. CONTINUE READING

FIA filed comments with the US Securities and Exchange Commission responding to ICE Clear Credit's proposed US Treasury clearing rules. The letter commends ICC for its efforts to expand its clearing services to the U.S. Treasury market and recommends refinements to certain aspects of the proposed rules to ensure predictability and clarity for clearing firms and market participants that will participate on ICC's platform, once approved. CONTINUE READING