Latest news

Latest news

ARRC focus group still working on credit sensitive spread

Jul 21, 2020 Conduct

SOFR's failure to replicate the credit sensitive spread element is still causing headaches. One solution would be to incorporate Ameribor

‘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

Libor: all hands on deck for end-2021

Jul 22, 2020 Conduct

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

Bankers query Libor litigation risk

Jul 21, 2020 Conduct

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

Brexit: hopes for an orderly process fade away

Jul 16, 2020 Compliance

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

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