Latest news

Latest news

Farewell to unbundled European fixed income research: unloved and unlamented

Aug 5, 2020 Conduct

The European Commission’s proposal to rebundle some research has been broadly welcomed, though few believe it will boost liquidity to any significant extent

UK and EU set to diverge on prudential regime for investment firms

Aug 6, 2020 Compliance

Due for implementation in 2021 in the UK, the IFPR is still under discussion. Some sources say that the course of Brexit negotiations could influence its future

Libor: Midsized banks ask CFPB to consider alternative rates in Reg Z

Aug 6, 2020 Conduct

The American Bankers Association, the Consumer Bankers Association and a number of midsized banks have requested the Bureau include indices beyond SOFR when amending the regulation

Risk-free rate liquidity is more complex than it seems

Aug 4, 2020 Conduct

In some areas of the market, Sonia liquidity appears to be on par with Libor. The reality is not so clear cut. Meanwhile, SOFR continues to lag

‘A collective shrug’: industry reacts to Mifid II research reforms

Jul 30, 2020 Conduct

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?

Libor transition: Loan market prefers lag over shift approach

Jul 28, 2020 Conduct

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

CSDR: UK firms will still have to comply with settlement discipline

Jul 23, 2020 Compliance

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

Equivalence: a political problem, and a long term one

Jul 22, 2020 Conduct

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

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