GFMA joins a joint trade white paper on "Strengthening Sensitive Data Sharing Practices Between Supervised Institutions and Financial Regulators Risk-Based Practices Framework."
GFMA submitted a response to the FSB's consultation report on “Sound Practices for Responsible Adoption of Artificial Intelligence (AI).”
GFMA with Arktouros and Ashurst as technical advisors, have published a report titled The Role of Digital Money in Capital Markets.
GFMA, with the Institute of International Finance (IIF) and the International Swaps and Derivatives Association (ISDA), submitted a joint response to the Basel Committee on Banking Supervision's consultation on Machine-readable Pillar 3 disclosure.
GFMA published a report on "Quantum Migration: Mapping the Emerging Landscape."
Today AFME, FIA, GFXD, and ISDA have submitted a joint response to ESMA’s Call for Evidence on a comprehensive approach for the simplification of financial transaction reporting. We strongly support the policy objective to simplify regulatory frameworks and reduce operational burden and welcome ESMA’s efforts in this area. The response outlines a set of targeted recommendations including a clear delineation of reporting obligations by instrument, a shift to single-sided reporting, and a targeted review of reportable fields to ensure proportionality and efficiency across transaction reporting frameworks. These proposals aim to eliminate duplication, reduce costs, and align EU practices with global standards.
