Latest news

Latest news

‘SOFR first’, next ‘big bang’ in the USD Libor transition 

Jun 15, 2021 Conduct

The CFTC’s recommendation to switch interdealer trading conventions from Libor to SOFR next month is hoped to bring a much-needed impulse for the US transition to risk-free rates

Brexit Mifid II divergence puts dark pools under the spotlight

Jun 17, 2021 Compliance

While the EU wants to tighten restrictions on dark pool trading, the UK has made it clear that it is open for business and will take a softer approach to pre-trade transparency

Post-Brexit divergence on MAR begins

Jun 16, 2021 Compliance

Recent changes made to insider list rules and PDMR dealings under the Market Abuse Regulation are the first signs of a difference in approach between the UK and the EU

Malaysia mulls alternative reference rates to Klibor

Jun 16, 2021 Conduct

Malaysian banks are taking a wait-and-see approach on Klibor, but they also have to take on Libor-related challenges around cash products and customer engagement  

Markets expect 'lighter touch' Mifid II in UK following divergence

Jun 10, 2021 Compliance

With equivalence now off the cards, market participants think the UK’s tailored approach will mean making its own rulebook slimmer and more competitive in a bid to offset the loss of investment to Europe

IFPR: Icara will change asset management firms’ approach to risk

Jun 9, 2021 Compliance

With the second consultation on the UK’s new Investment Firms Prudential Regime now closed, market participants have just over six months left to prepare for the new rules

Indian market makes strides towards new Mifor curves

Jun 9, 2021 Conduct

Banks and corporates will be testing new reference curves to build market depth and ensure price discovery, as the country tries to reduce its more than $500 billion of Libor exposure

Brexit: euro clearing shift to EU is about ‘taking back control’

Jun 7, 2021 Compliance

Panellists at an FIA event discussed the legitimacy of the euro clearing shift requested by the European Commission, drawing parallels with sovereignty issues raised during the Brexit campaign

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