Market mulls USD Libor transition delay
The FCA and IBA have announced intentions to extend the date of cessation for contracts with the most widely used Libor term rates, causing market uncertainty at the prospect of a new timeline
Third-country benchmark rules remain a problematic area of BMR. Trade bodies are urging the authorities to push them back by another four years
The UK’s Financial Conduct Authority and Libor’s administrator ICE Benchmark Administration have announced intentions to consult the market on the benchmark’s cessation
The regulatory world is focused on whether Brexit will lead to divergence, but differing interpretations of Mifid II highlight that the region is not as closely tied as it appears
Chancellor Rishi Sunak has outlined a threefold plan for the future of UK financial services following the end of the transition period
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
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