ARRC officially endorses term SOFR rate
The recommendation follows the SOFR First initiative and represents the final piece of the ARRC’s transition puzzle, which it says means market participants now have all the tools they need to transition
The ARRC’s official recommendation of a term SOFR rate has boosted its competitiveness and makes it a serious contender in the context of alternative rates’ growing popularity
Inviting markets to take ownership of parts of the rulemaking process is a key aspect of the UK's post-Brexit regulatory shake-up
With the government having set the scene by placing sustainable finance as a key focus of the post-Brexit financial services agenda, the onus is on businesses to follow suit and step up their engagement
A post-Brexit race to the bottom in financial services tax, together with unstoppable QE, will exacerbate long-term socio-political risk
Education and awareness-raising work are still needed to push banks to transition away from Libor, but application of the country’s domestic benchmark rate is increasing
As regulatory divergence starts to show its face, Alice Tchernookova looks at why rebuilding the EU-UK relationship in the post-Brexit paradigm is a never-ending conundrum
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
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