Latest news

Latest news

ARRC officially endorses term SOFR rate

Jul 29, 2021 Conduct

The recommendation follows the SOFR First initiative and represents the final piece of the ARRC’s transition puzzle, which it says means market participants now have all the tools they need to transition

SOFR term rate endorsement changes credit-sensitive rates dynamic

Jul 30, 2021 Conduct

The ARRC’s official recommendation of a term SOFR rate has boosted its competitiveness and makes it a serious contender in the context of alternative rates’ growing popularity

UK wholesale markets review: more carrots, fewer sticks

Jul 28, 2021 Compliance

Inviting markets to take ownership of parts of the rulemaking process is a key aspect of the UK's post-Brexit regulatory shake-up

UK firms’ commitment crucial for climate change goals 

Jul 27, 2021 Conduct

With the government having set the scene by placing sustainable finance as a key focus of the post-Brexit financial services agenda, the onus is on businesses to follow suit and step up their engagement

Market concerned about long-term impact of Brexit and quantitative easing

Jul 26, 2021 Conduct

A post-Brexit race to the bottom in financial services tax, together with unstoppable QE, will exacerbate long-term socio-political risk

Market participants applaud push towards SOFR use in China

Jul 21, 2021 Compliance

Education and awareness-raising work are still needed to push banks to transition away from Libor, but application of the country’s domestic benchmark rate is increasing

Banks must be ready for a multirate world

Jul 20, 2021 Conduct

Market participants need to make sure systems are equipped to deal with the alternative rates set to replace USD Libor, including new credit-sensitive rates

Opinion: will the EU and UK ever get over their break-up?

Jul 19, 2021 Conduct

As regulatory divergence starts to show its face, Alice Tchernookova looks at why rebuilding the EU-UK relationship in the post-Brexit paradigm is a never-ending conundrum

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