Latest news

Latest news

Banks search for Brexit-proof AT1, TLAC, MREL disclosures

Sep 18, 2018

DCM treasurers and lawyers are inserting Brexit-related risk clauses into their additional tier one and bank capital bonds to protect them from a no-deal scenario

Initial margin: asset managers call for ECS standardisation

Sep 20, 2018

A uniform approach to the eligible collateral schedules for phase four and five would help all firms by streamlining the process and preventing delays

Libor: clients urge product desks to work together

Sep 17, 2018

As banks kick off the colossal task of repapering thousands of contracts based on Libor, the need for a financial market-wide approach is becoming clear. Issues are emerging over Isda’s impact, the effect on loans and accounting processes

US market explains its resistance to Mifid II

Sep 13, 2018

Despite predictions its rules-based approach would reach across the Atlantic, asset managers, banks and trading venues say very little has changed for them

Initial margin: custodians, buyside face uphill KYC struggle

Sep 13, 2018

There’s still significant lingering legal uncertainty for both asset managers and custodian banks as they face the operational challenge of CSA negotiations and KYC checks, at the risk of a sellside backlog closer to deadline

Buyside defends Libor inaction

Sep 11, 2018

Many are optimistically keeping faith that the rate will live on long beyond 2021, while others are unsure of exactly what's expected of them. Regulators are getting increasingly frustrated with slow movers

SFTR projects put on hold after Esma opinion

Sep 11, 2018

Esma’s dismissal of the Commission’s draft technical standards has both banks and asset managers now anticipating a formal delay. Others argue the project is significant and time is of the essence

Buyside not interested in Libor contract repapering

Sep 6, 2018

Hedge funds and asset managers waiting for banks to make the first move are making life harder for themselves in the long run, with litigation expected. Fallbacks may also not be the silver bullet many hoped

Special reports

Libor Survey Report

Latest report

This landmark Libor reform survey finds a market split on everything from managing the transition and minimising disputes to impact on documentation and pricing. In-house lawyers, heads of rates, traders and corporate treasurers tell us how the upheaval will affect them