At FIA's Expo conference in Chicago on 2 October, a diverse panel of experts had a frank discussion about the future outlook for the technology and the path to widespread adoption of tokenized collateral. The general consensus was that the industry is a long way from a widespread embrace of the technology, but market participants are still making steady progress and strategic investments in the future of this technology.
CONTINUE READINGThe Futures Industry Association (FIA) has responded to a request for comment by the US Commodity Futures Trading Commission regarding the impact of affiliations between certain CFTC-regulated entities, and the potential conflicts of interest that could arise under the current self-regulatory process.
CONTINUE READINGFIA has updated its CCP Tracker visualizations with data from the second quarter.
CONTINUE READINGFIA today released a report that contains lessons learned from a recent cyber incident and sets out six recommendations for improving the derivatives industry's ability to withstand future attacks.
CONTINUE READINGAt the end of 2017, CME Group and Cboe Global Markets received regulatory approval to list futures on bitcoin. A lot has happened in the intervening years, including the so-called "crypto winter" of 2022. But an FIA data analysis shows that, despite recent challenges, crypto derivatives markets are going strong.
CONTINUE READINGFIA has released a comprehensive paper, "Best Practices for Exchange Volatility Control Mechanisms," which provides essential guidance for designing robust Volatility Control Mechanisms (VCMs) at derivatives exchanges.
CONTINUE READINGFIA and ISDA have responded to the Commodity Futures Trading Commission's notice of proposed rulemaking on recovery and orderly wind-down plans for derivatives clearing organizations. The associations welcome the CFTC proposal and make several recommendations.
CONTINUE READINGFIA and ISDA have jointly issued a letter of support to US Rep. Emmanuel Cleaver (D-Mo.) for his legislative efforts to expand access to deposit accounts offered by the Federal Reserve for clearinghouses regulated by the US Commodity Futures Trading Commission.
CONTINUE READINGOn 20 September, FIA EPTA and several other trade associations sent a briefing to negotiators of the REMIT Review legislation with respect to requirements under Article 9 and the supervision of third-country firms.
CONTINUE READINGFIA EPTA welcomes the opportunity to respond to the ESMA Consultation Paper on Technical Standards specifying certain requirements of the Markets in Crypto Assets Regulation (MiCA). FIA EPTA members believe the draft RTS and ITS set out a balanced approach. However, FIA EPTA members believe further proportionality should be considered.
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