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 desire to diverge is greater than any actual divergence, and that sentiment will drive negotiations
The FCA and IBA have announced intentions to extend the date of cessation for contracts with the most widely used Libor term rates, causing market uncertainty at the prospect of a new timeline
With the end of the transition period looming, venues and firms are increasingly prepared for the short term, though Brexit’s long-term implications for liquidity remain uncertain
Third-country benchmark rules remain a problematic area of BMR. Trade bodies are urging the authorities to push them back by another four years
The UK’s Financial Conduct Authority and Libor’s administrator ICE Benchmark Administration have announced intentions to consult the market on the benchmark’s cessation
With the ill-fated requirements unlikely to survive the pandemic, how regulators will assess best execution in the future is currently unknown
A poll conducted during a recent industry event revealed that the regulation, although far from perfect, has so far proven to be successful
Isda’s fallback protocol is expected to act as a significant boost for market participants’ transition efforts, but some sources claim that rushing to sign it may not be the best solution for all
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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