Latest news from FIA

Date Headline Description #
4-Oct-2024 FIA and ISDA respond to the BoE consultation on CCP recovery and resolution In response to the BoE’s consultation on its power to direct a CCP to address impediments to resolvability, the associations welcome the clarity provided by the BoE on the timescales it would follow when using its power to address impediments to resolvability. Request summary
14-Oct-2024 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." Request summary
14-Oct-2024 FIA co-signs European Industry Task Force roadmap for T+1 adoption The European T+1 Industry Task Force, comprising 21 trade associations involved in European capital markets, has published a report outlining its preliminary analysis on the regulatory, technical, and operational changes required to facilitate a successful transition to T+1 in EU securities markets. Request summary
14-Oct-2024 FIA co-signs European Industry Task Force roadmap for T+1 adoption The European T+1 Industry Task Force, comprising 21 trade associations involved in European capital markets, has published a report outlining its preliminary analysis on the regulatory, technical, and operational changes required to facilitate a successful transition to T+1 in EU securities markets. Request summary
11-Oct-2024 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. Request summary
11-Oct-2024 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. Request summary
1-Oct-2024 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). Request summary
23-Sep-2024 Trade associations call for clarity on EMIR 3.0 effective implementation dates FIA, AIMA, EBF, EFAMA and ISDA have sent a letter urging the European Commission and European Supervisory Authorities to clarify that market participants are not required to implement the European Market Infrastructure Regulation (EMIR 3.0) Level 1 provisions prior to the date of application of the associated Level 2 regulatory technical standards (RTS). Request summary
13-Sep-2024 FIA and FIA EPTA respond to European Commission consultation on AI FIA and FIA EPTA have responded to the European Commission’s consultation on artificial intelligence, which sets out to identify the main use cases along with the benefits, barriers and risks related to the development of AI applications in the financial sector. Request summary