Latest news

Latest news

Libor: heavy reliance on ISDA fallbacks will create cliff-edge 

Oct 21, 2021 Conduct

Significant progress has been made on the Libor transition across currencies, but higher-than-expected reliance on fallback solutions will give rise to operational risk early next year 

EU IFR/IFD off to a bumpy start 

Oct 21, 2021 Compliance

The new regime aims to separate prudential requirements for banks and investment firms, but market participants denounce excessive complexity and a ‘copy-and-pasting’ of CRR/CRD rules 

MOU forum crucial for future EU-UK regulatory dialogue

Oct 19, 2021 Compliance

Agreed upon earlier this year, the post-Brexit forum for financial services talks has not formally started, which sources say is holding up progression on equivalence decisions

Markets welcome evidence-based approach to Mifid II review

Oct 19, 2021 Compliance

The EU and the UK diverge on their market structure reforms, but market participants are hopeful that policymakers on both sides of the Channel will make evidence-based decisions

IFLR USD Libor Survey 2021 

Oct 15, 2021 Reports

With just over three months to go until no-new-Libor kicks in, IFLR/Practice Insight is running a survey to gauge market feeling on transition progress and overall readiness. Have your say!

BSBY Q&A with Umesh Gajria, Bloomberg

Oct 13, 2021 Conduct

“Ultimately, our goal is to keep working with our clients to provide them with the tools they need,” says Gajria, in the context of heavy criticism against credit-sensitive rates

Sterling bond market will rely heavily on synthetic Libor 

Oct 12, 2021 Conduct

Significant progress has been made ahead of Libor’s phase-out, including on consent solicitations, but a large portion of the bond market will not have transitioned by year-end 

Markets and authorities focus on perfect storm of inflation risk

Oct 11, 2021 Conduct

Printing money may have mitigated the Covid-19 crisis in the short-term, but it has also contributed to a looming inflation risk that will be difficult to manage in the context of consistently low interest rates

Special reports

Latest report

Following more than 40 hours of interviews with 63 sources across financial services, Practice Insight’s landmark investigation into the accumulative impact of the financial crisis is now available