Operations, Execution & Technology archive
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FIA shares its position on DORA subcontracting of ICT services with the European Commission and ESAs
FIA has shared its position with the European Commission and the European Supervisory Authorities on the requirements for the subcontracting of ICT services under the Digital Operational Resilience Act (DORA).
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FIA voices concerns on joint data standards proposed by financial regulators
FIA voiced concerns regarding a proposed rule on joint data standards issued by several financial regulators (including the CFTC, SEC, and Treasury).
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High-level roadmap for adoption of T+1 in EU securities markets
The European T+1 Industry Task Force, comprising 21 trade associations involved in European capital markets including FIA and FIA EPTA, has published a report titled "High-level Roadmap for Adoption of T+1 in EU Securities Markets."
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FIA and FIA EPTA support ESMA proposal on circuit breakers
FIA and FIA EPTA support ESMA's proposed introduction of new requirements on circuit breakers, which mandate greater transparency. By ensuring that market participants have access to clear information about the types of circuit breakers, their calibration, and the specific circumstances leading to their activation, the proposed changes will improve market integrity and provide participants with the relevant information to be better prepared in times of high volatility.
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FIA issues joint statement on DORA and definition of ICT services
FIA together with AFME, EACH, ECSDA and FESE has issued a joint statement urging the European Commission and the European Supervisory Authorities to reinstate guidance confirming that regulated financial services should not be treated as ICT services under the Digital Operational Resilience Act (DORA).
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FIA responds to Fed proposal to expand operating hours of Fedwire and NSS
FIA has written in support of the US Federal Reserve's proposal to expand the operating hours of the Fedwire Funds Service and the National Settlement Service.
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FIA responds to ASX proposals on position reporting framework and operating rules
FIA has submitted a response to ASX’s consultation paper on proposed changes to the position reporting framework and a review and update of operating rules for ASX 24 and ASX Clear (Futures).
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FIA calls for DORA supervisory guidance ahead of January 2025 application deadline
FIA, together with five other trade associations, has co-signed a joint statement that draws the European Supervisory Authorities’ attention to the challenges that industry participants, including financial entities as well as ICT third-party service providers, are facing regarding the implementation of DORA by the 17 January 2025 deadline.
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European T+1 Industry Task Force responds to UK report
FIA has joined several industry associations in welcoming a recent UK report on moving to T+1 settlement.
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FIA responds to CFTC proposal on FCM operational resilience framework
FIA has submitted a response to the CFTC’s proposed rule requiring an operational resilience framework for futures commission merchants.
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