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.
The CFTC’s recommendation to switch interdealer trading conventions from Libor to SOFR next month is hoped to bring a much-needed impulse for the US transition to risk-free rates
Following the success of the approach in New York courts, the committee intends to seek federal legislation but will opt for a patchwork approach if necessary
Credit-sensitive alternatives to USD Libor have enjoyed a rise in popularity in recent months, but sources have called their long-term usefulness into question
The UK has made great strides in its effort to transition from sterling Libor to risk-free rates, but a few products will require special attention in the months to come
Malaysian banks are taking a wait-and-see approach on Klibor, but they also have to take on Libor-related challenges around cash products and customer engagement
Banks and corporates will be testing new reference curves to build market depth and ensure price discovery, as the country tries to reduce its more than $500 billion of Libor exposure
A series of documents and statements published today by the Financial Stability Board, including an updated roadmap, are a timely reminder that the market should intensify transition efforts
The group will publish each rate across five tenors, joining Bloomberg and ICE Benchmark Administration in the race to provide credit-sensitive alternatives to Libor
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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