Latest news

Latest news

Mifir legislative proposal entrenches UK-EU divide

Dec 6, 2021 Conduct

Transparency rules, a key divergence area between the UK and the EU, have come under the spotlight once again

UK on mission to attract investors with new open-ended fund

Dec 2, 2021 Compliance

The introduction of the long-term asset fund (LTAF) last month has been hailed as a strong move but will need more support measures to support it, especially from a tax perspective

CSDR: more than a delay needed to improve settlement discipline

Nov 30, 2021 Compliance

After several years of battling against the mandatory buy-in requirements, market participants are relieved by the European Commission’s decision but anticipate more permanent announcements  

UK FRF: five-year long slog for the industry  

Nov 29, 2021 Compliance

As the UK maps out its extensive legislative reforms, market participants fear that the real post-Brexit work has only just begun

Mifir legislative proposal clears way for EU consolidated tape

Nov 26, 2021 Compliance

Creating a consolidated tape is an essential part of the European Commission’s bid for a capital markets union but the final proposal, though largely welcomed by markets, still raises doubts

Time running out for IFPR readiness 

Nov 24, 2021 Compliance

Lack of preparedness for the investment firms prudential regime could cause compliance issues next year, but sources say this is partly due to a persistent lack of clarity on rules

USD Libor transition: slow, steady progress 

Nov 23, 2021 Conduct

Two key events in the derivatives market have helped to build SOFR liquidity in recent weeks, but sources worry that the target of no new Libor contracts after year-end will be difficult to achieve

Credit-sensitive rates beneficial for US market, sources say

Nov 19, 2021 Conduct

Speakers at a Bloomberg event defended the use of multiple rates to replace USD Libor, arguing that it has helped the market in numerous ways and is the sign of a healthy ecosystem

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