News analysis on how banks and asset managers are implementing conduct-focused rules, including investor protection under Mifid II’s product governance frameworks and the integrity of Libor.
While it will take years before the Brexit fallout can be assessed in full, some immediate impacts and short-term industry trends can already be observed
The official cessation announcement confirms the future loss of representativeness of all 35 Libor settings, and fixes the credit adjustment spread for the ISDA fallback methodology
As the deadline for ceasing all new Libor issuance draws near, the authorities publish two papers aiming to clarify key dates and conventions
Early results from an LCH consultation on a conversion process for outstanding trades at Libor’s cessation date show that a majority of respondents are in favour of the proposed plan
Banks are eagerly anticipating an updated Non-Financial Reporting Directive as a means of complying with the buyside’s increasingly intricate ESG-related demands
The expected surge in non-performing loans once moratoriums expire will provide the ultimate test for Basel III as the lasting impact of the pandemic becomes apparent
With banks fostering more dialogue and much of the groundwork now laid in the loan market, sources are hopeful that corporate transitioning will truly take off in the coming months
Bloomberg, IHS Markit and IBA have all made announcements relating to the development of a credit sensitive element for SOFR in recent weeks, opening up the debate on how many solutions can co-exist
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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