FCA confirms Libor cessation in historic announcement
The official cessation announcement confirms the future loss of representativeness of all 35 Libor settings, and fixes the credit adjustment spread for the ISDA fallback methodology
The official cessation announcement confirms the future loss of representativeness of all 35 Libor settings, and fixes the credit adjustment spread for the ISDA fallback methodology
A series of announcements over the past few days has placed the issue at the centre of discussions on the future of EU and UK financial services
The ambition to bring transparency to all areas of the financial market has fundamentally altered the way they operate, but some OTC derivatives are still slipping through the cracks
As the deadline for ceasing all new Libor issuance draws near, the authorities publish two papers aiming to clarify key dates and conventions
Early results from an LCH consultation on a conversion process for outstanding trades at Libor’s cessation date show that a majority of respondents are in favour of the proposed plan
Changes resulting from Brexit will continue to unfold for years to come, but early features of the new financial services landscape have started to emerge, with Amsterdam taking a strong lead
Banks are eagerly anticipating an updated Non-Financial Reporting Directive as a means of complying with the buyside’s increasingly intricate ESG-related demands
The European Commission's encouragement to move positions away from UK CCPs is creating an unprecedented chance for EU clearinghouses to increase their market share
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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