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The Alternative Investment Management Association

Alternative Investment Management Association Representing the global hedge fund industry

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CPSS-IOSCO

The Committee on Payment and Settlement Systems (CPSS) and International Organisation of Securities Commissions (IOSCO), following their ‘Principles for financial market infrastructures’ (the Principles) and in response to the ‘FSB Key Attributes of Effective Resolution Regimes for Financial Instruments’ (the Key Attributes), issued a report and undertook a consultation seeking to outline the issues which should be taken into account for different types of FMIs when implementing effective recovery plans and resolution regimes. The CPSS-IOSCO report concluded that it is vital for robust recovery and resolution arrangements to be maintained which take into account the particular characteristics of different types of FMI.

In August 2013, CPSS-IOSCO released a 'Consultative report on the Recovery of financial market infrastructures' in order to provide guidance to FMIs on the development of recovery plans, including the specific recovery tools to be used. AIMA submitted a joint response with MFA on 11 October 2013.

 

Relevant Consultations

CPSS-IOSCO Consultative Report on the Recovery of FMIs (August 2013)

CPSS-IOSCO Consultative Report on the Recovery and Resolution of FMIs (July 2012)

 

AIMA Documents

AIMA/MFA Joint Response to CPSS-IOSCO Consultative Report on the Recovery of FMIs (October 2013)

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  1. AIMA's Policy Principles
  2. Asset Management Regulation
    1. EU Asset Management Regulation
      1. AIFMD
      2. European Capital Markets Regulation
      3. MiFID / MiFIR
      4. UCITS
        1. ETFs and Structured UCITS
      5. Venture Capital
    2. US Hedge Fund Adviser Regulations
      1. Registration and Reporting
      2. Incentive-Based Compensation
      3. JOBS Act
    3. Asia Pacific Asset Management regulation
    4. Other Jurisdictions’ Asset Management Regulation
    5. Regulation of NBFCs / SIFIS
    6. Supervision
      1. UK regulatory reform
      2. European Supervisory Authorities
      3. US Self-Regulatory Organisations
    7. Remuneration
      1. UK
      2. US
      3. CRD IV and CRR
      4. AIFMD
      5. MiFID
    8. Shadow Banking
    9. Volcker Rule
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      2. EU Bank Structural Reforms
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      1. ESMA Guidelines
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      3. MAD / MAR
      4. Flash Crash
      5. IOSCO
      6. Germany
      7. CFTC Automated Trading
    4. Insurance Regulation
      1. Solvency II
    5. Market Abuse
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      2. Indices as Benchmarks
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    7. UK Offshore Funds Regime
    8. Other
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      1. FATCA
      2. Other Hot Asset Management Topics
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      4. UK Partnership Tax Review
      5. Volcker Rule
    4. Hedge Fund Manager Training
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