SOFR's failure to replicate the credit sensitive spread element is still causing headaches. One solution would be to incorporate Ameribor
After months of consultations and discussions, the general reaction to the European Commission’s proposed changes to research unbundling can be summarised in three words: is that it?
Bond and loan markets are already out of step on transition progress. As the end-2021 deadline fast approaches, they may well diverge in conventions too
The recent opt-out from the regime was read by some as the UK’s first official departure from EU regulation, but it may not change much in practice
The political position of the EU means that in the long term, equivalence is likely to be at best partial and temperamental, and at worst non-existent. Financial services firms need to prepare
Discussions had temporarily shifted to Covid-19 related delays over the past few months, but the plethora of recent announcements and debates bear testimony to reinvigorated transition efforts
The severity of the risk is an open debate. Sources argue that the UK Tough Legacy Taskforce’s long-anticipated legislative fix does nothing to mitigate it
With the deadlines for extending the transition period and conducting equivalence assessments now passed, the likelihood of reaching an agreement by year-end is waning by the day
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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