Clearing
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Associations publish papers on client participation in CCP auctions and CCP auction governance
FIA, CCP12, the European Association of CCP Clearing Houses, and ISDA, together with client associations, the FIA Principal Traders Group and the Managed Funds Association, have developed and published papers focused on client participation in a CCP default auction, governance of CCP default management processes and the role of default management groups
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FIA joins other trade associations in industry response to second Basel consultation on cryptoassets
FIA also files a supplemental letter urging regulators not to penalise client clearing.
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FIA joins response to FSB and CPMI-IOSCO on CCP recovery and resolution
FIA, along with the International Swaps and Derivatives Association and the Institute of International Finance have commented on CCP recovery and resolution issues in response to a consultation paper published by the Financial Stability Board, the Committee on Payments and Market Infrastructures of the Bank for International Settlements and the International Organization of Securities Commissions.
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FIA responds to ESMA consultation on margin procyclicality
FIA has responded to a consultation published by the European Securities and Markets Authority (ESMA) seeking input on the current calibration of the antiprocyclicality tools, and whether proposed revisions to existing Regulatory Technical Standards (RTS) may be necessary.
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FIA responds to EU Commission on clearing review
FIA recommends the European Commission takes into account international practices and continues the coordination of cross-border clearing and capital frameworks at an international level.
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FIA asks EC to expedite equivalence decisions of non-EU CCPs
FIA has jointly with ISDA, AFME, EBF and EFAMA written to Commissioner Mairead McGuinness requesting that the European Commission expedite the review of clearing arrangements in as many non-EU jurisdictions as possible.
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FIA responds to HMT Financial Services Future Regulatory Framework Review: Bank of England regulation of CCPs and CSDs
FIA recently submitted its response to HM Treasury's central counterparties and central securities depositories reform proposals under the Financial Services Future Regulatory Framework Review.
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FIA and ISDA respond to the Bank of England’s approach to tiering incoming CCPs under UK EMIR 2.2
FIA jointly with ISDA has submitted its response to the BoE’s proposed approach to tiering under UK EMIR 2.2.
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FIA responds to proposed changes to EU Capital Requirements Regulation
FIA's response focuses on the uncertainty that the proposed new segregation condition brings for banks’ ability to offset initial margin for the purposes of calculating the exposure value under the leverage ratio framework for derivatives.
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FIA outlines clearing capital challenges and portability improvements in comments to CPMI & IOSCO
FIA has responded to a consultation by the Committee on Payments and Market Infrastructures (CPMI), and the International Organization of Securities Commissions (IOSCO) on client clearing access and portability of positions in the event of a default.
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