Latest news

Latest news

ROUNDTABLE: What does life after Libor look like?

May 22, 2019 Reports

Senior legal, syndicate and treasury directors at the EBRD, ICMA, NatWest and RBC talk frankly on the industry’s transition to risk-free rates

Corporates start amending contracts to reference Sonia

May 22, 2019 Conduct

Associated British Ports may be the first to begin updating problematic legacy contracts to reference Sonia rather than Libor. Bankers view it as a test case

SOFR survey: Lights out for Libor

May 21, 2019 Reports

Regulators, banks and private institutions are readying themselves for the problematic benchmark's likely replacements. Fill out our anonymous survey now to have your say on the benchmarks of the future

How regulators can mitigate Libor litigation risk

May 20, 2019 Conduct

Hedge funds tell Practice Insight that if regulators can be clear on the economic value transfer of switching from Libor to risk-free rates, there will be less scope for costly litigation

Priips continues to restrict bond supply to retail investors

May 16, 2019 Documentation

Eighteen months since it came into force, bank and industry association sources say issuers are still refraining from placing bonds with retail investors due to the EU regulation

Asifma: how Asia is facing the EU Benchmarks Regulation

May 15, 2019 Compliance

Practice Insight speaks to John Ball, Asia Pacific managing director of GFMA’s global FX division, on what the BMR means for non-EU benchmark providers and how the industry is preparing

Synthetic CDO revival exposes regulatory divide

May 14, 2019 Conduct

The resurgence of the once-maligned instrument in the US and the UK has highlighted divergence between regulators in the European Union and the US. Hedge funds are leading the charge

Goldman/UBS fines sharpen Mifid reporting compliance

May 14, 2019 Compliance

Following the fines of £34.3 million and £27.6 million meted out to Goldman Sachs and UBS respectively for reporting failures, compliance functions at banks and other market participants tell Practice Insight they expect further penalties this year