FIA and FIA EPTA have submitted a joint response to the FCA’s AI Input Zone consultation seeking stakeholder views on current and future uses of artificial intelligence in UK financial services, barriers to adopting AI applications, and the regulatory framework governing the use of AI within financial markets.
CONTINUE READINGWorldwide volume of exchange-traded derivatives reached 13.02 billion contracts in December, the lowest level since July 2023. This was down 22% from November 2024 and down 13.3% from December 2023.
CONTINUE READINGFIA, FIA Principal Traders Group and six other financial services trade associations wrote to the SEC requesting an extension of the US Treasury clearing mandate of at least twelve months for both the cash and repo clearing mandates.
CONTINUE READINGThe FIA Principal Traders Group filed with the Securities Exchange Commission urging the agency to approve the Exchange's proposed position and exercise limit increases for options on iShares Bitcoin Trust ETF.
CONTINUE READINGFIA, FIA Principal Traders Group and six other financial services trade associations wrote to the SEC requesting an extension of the US Treasury clearing mandate of at least twelve months for both the cash and repo clearing mandates.
CONTINUE READINGFIA has responded to ESMA’s consultation on conditions of the Active Account Requirement under EMIR 3.0. FIA strongly recommends the AAR approach follows the renewed ambitions of the EU competitiveness and burden-reduction agenda. The response notes that the proposed reporting requirements are contrary to the objectives of the European Commission in reducing the reporting burden and ensuring EU firms' competitiveness.
CONTINUE READINGJackie Mesa, FIA's Chief Operating Officer & Senior Vice President of Global Policy, made the following statement on the equivalence decision announced by the European Commission.
CONTINUE READINGK&L Gates will explore the benefits of the tokenization of real-world assets; use cases for the futures industry; and the legal, regulatory, and operational hurdles firms may face when implementing tokenization. We will also discuss the industry’s efforts to promote the mainstream use of tokenized assets.
CONTINUE READINGFIA and the FIA Principal Traders Group, along with several other financial services trade associations, have filed an amicus brief in response to the US Federal Trade Commission's appeal of a prior decision involving the FTC's final rule that would ban nearly all noncompete agreements in the US. The appeal is in Properties of the Village, Inc v. FTC and is being heard in the US Court of Appeals for the Eleventh Circuit.
CONTINUE READINGFIA, FIA Principal Traders Group and several other financial services trade associations have filed an amicus brief in response to the US Federal Trade Commission's appeal of a decision blocking its final rule that would ban nearly all noncompete agreements in the US.
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