Europe News
The latest industry and regulatory news affecting Europe and the U.K.
-
FIA releases surveillance and market abuse guidelines
London, UK – FIA today released new guidelines to assist market participants in fulfilling obligations set by UK and European regulators in relation to surveillance and market abuse requirements.
CONTINUE READING -
Consolidated response by FIA EPTA to the EBA consultations on IFR/IFD Level 2
FIA European Principal Traders Association (FIA EPTA) appreciates the opportunity to provide feedback to the European Banking Authority (EBA) on the implementation of the new regulatory framework for investments firms (IFR/IFD). FIA EPTA has consistently welcomed the new prudential regime for investment firms contained in the Investment Firm Regulation and Directive (IFR/IFD), which is aimed at creating a tailored and proportionate prudential framework for firms such as those we represent.
CONTINUE READING -
FIA Responds to EBA on draft regulatory technical standards under IFR
FIA has responded to the EBA consultation on draft Regulatory Technical Standards (RTS) related to implementation of a new prudential regime for investment firms in the EU.
CONTINUE READING -
FIA releases midyear 2020 advocacy report
FIA is proud to be your voice and tireless advocate during these challenging times. This has been an extraordinary year like no other we have seen. The COVID-19 pandemic has brought an unprecedented health and economic crisis to our global community. Yet these uncertain times require us to rise to the occasion and meet these problems head-on with creative solutions and innovative ideas. FIA is energized to be your partner through these difficult days ahead.
CONTINUE READING -
FIA and ISDA publish paper on non-default losses at clearinghouses
FIA and ISDA published a primer on the issue of non-default losses (NDL) at clearinghouses.
CONTINUE READING -
Brexit and its Impact on the Cleared Derivatives Markets: A Primer
The UK left the EU on 31 January 2020 and is in a transitional period that ends on 31 December 2020. During this period, EU law continues to apply in and to the UK and UK financial services firms continue to benefit from all existing EU rights, as do EU firms operating in the UK.
CONTINUE READING -
UK introduces legislation for post-Brexit ETS
The UK-wide Emissions Trading System will replace the EU's ETS
CONTINUE READING -
FIA submits response to the European Commission consultation on a renewed sustainable finance strategy
FIA has issued a response to the European Commission consultation on a renewed sustainable finance strategy.
CONTINUE READING -
FIA commends European Commission for improvements to EMIR 2.2 Delegated Acts and stresses concerns about timing of equivalence decisions
FIA today responded to the European Commission consultations on EMIR 2.2 Delegated Acts for the criteria for tiering of classifying a third-country CCP as systemically important and comparable compliance for Tier 2 third-country CCPs. The response was submitted jointly with the International Swaps and Derivatives Association (ISDA).
CONTINUE READING -
CCP equivalence clarity needed by September to avoid cliff edge, say panellists
European Commission official says Brussels will not wait until last minute to make its intentions known, but markets should prepare for all possible outcomes
CONTINUE READING
