Tag: AIMA
Swords Drawn Over ISDA/FOA Delegated Reporting Agreement
During an AIMA briefing on EMIR reporting held on 16 January 2013, the recently published ISDA/FOA EMIR Reporting Delegation Agreement was panned by buy-side firms, their advisors and representatives of the CME. The main criticisms focussed on limitations of liability, the amount of discretion retained by the reporting party, its ability to delegate to a […]
AIMA Questions Systemic Importance of Funds
Introduction On 11 January 2013, the Alternative Investment Management Association (“AIMA”) published its response to the EU Commission’s Consultation on a Possible Recovery and Resolution Framework for Financial Institutions Other than Banks (the “Consultation”). Identifying Systemic Importance AIMA supports the introduction of a robust and effective framework for dealing with the recovery and resolution of […]