On 20 February, FIA, jointly with GFMA, CMC Europe, EFET and LBMA sent a letter to the FCA to notify the regulator that the commodity industry will require additional time to implement new reporting requirements under SFTR, which commence from April this year. The letter followed a roundtable meeting with the FCA earlier this month, in which the associations and member firms explained the challenges encountered with respect to SFTR. We will continue our dialogue with the FCA and other regulators on SFTR.
FIA contact: Christiane Leuthier
