JAC Letters to European Authorities Seeking Clarity on PRIIPs Regulation

On February 17, 2016, the Joint Associations Committee on Retail Structured Products (JAC) sent two letters above to the European Authorities. The first letter sought to highlight the four very significant issues relating to the scope of the PRIIPs regulation which remained unclear: scope, territoriality, secondary trading issues and grandfathering and gold plating. The second letter sets out the detailed aspects of the regulation and RTS which the JAC felt required clarification prior to implementation.

ISDA Paper on FRTB Rules in Brazil

On March 24, ISDA submitted a paper to Banco Central do Brazil’s (BCB) on its implementation of the revised market risk framework under the Fundamental Review of the Trading Book (FRTB), which represents an important step toward strengthening prudential standards...

IQ Interview with Mark Uyeda

Mandatory clearing of US Treasury securities is due to begin at the end of this year under rules finalized by the Securities and Exchange Commission (SEC) in 2023. SEC commissioner Mark Uyeda talks to IQ about the benefits of clearing...