News & Events

PLD Enhancements for MiFID II In January 2018, commodity derivatives traded in European markets will be subject to new position limit monitoring requirements as part of the MiFID II regulations. As a result, PLD is being enhanced to account for all impacted products and exchanges. FIA Tech Data Analysts are

Initiative Overview: In preparation for potential Brexit-related business migrations, many firms indicated that a significant number of new Give-Up Agreements may be needed to service clients via EU27-based affiliates or branches. Given the operational and legal efforts required to initiate and execute a high-volume of individual agreements in a short period of time, firms requested additional tools to assist in streamlining re-papering efforts. FIA Tech has worked with the FIA Law & Compliance Division to develop legal and technical solutions enabling these bulk-agreement transfers between entities. To this end, the 2018 FIA Tech Give-Up Agreement Transfer Protocol (the Protocol) was developed and introduced into Docs, which firms may adopt to support these bulk agreement transfers between affiliates.