Latest news

Latest news

Libor: market yet to reach consensus on pre-cessation

Feb 20, 2020 Compliance

Two recent letters from the authorities provided details on the period during which the interbank offered rate could still be used once it’s declared non-representative

OPINION: Is the Libor transition market-led or tier one-led?

Feb 24, 2020 Conduct

While regulators stress the market-led nature of the transition, some sources worry that big banks will become the main beneficiaries

Industry concerned by Mifir dark trading proposal

Feb 19, 2020 Compliance

Esma's latest consultation takes aim at dark pools once again, but some feel it risks further fragmenting markets

US banks grapple with post-Libor consent solicitations

Feb 17, 2020 Conduct

Litigation is a major risk for US firms because of the 100% consent threshold required for amendments to many contracts. Bankers and their advisors explain how they are working to minimise the damage

Benchmarks Regulation review: what the market wants

Feb 13, 2020 Conduct

Questions around scope, defining a critical benchmark and the role of administrators are among the key issues raised in the EU’s BMR review

EU companies look to guarantee post-Brexit UK access

Feb 12, 2020 Compliance

Ireland, France, Cyprus and Germany topped the list of countries hosting the 1,400 EU firms that have applied under the temporary permissions regime

The winners of the Libor transition

Feb 12, 2020 Conduct

Bankers and consultants discuss how to make money from the global shift away from interbank offered rates: think high consultancy fees and savvy trading

Mifid II unbundling: US firms embrace CSAs

Feb 11, 2020 Conduct

The SEC actively endorsed commission sharing agreements in its latest no-action relief, making market participants more comfortable with the model