Mifid II unbundling has transformed US research
Nov 8, 2018Elements of the EU rules have quickly become global best practice among firms, leaving regulators scrambling to keep up with what’s market
Conduct
Conduct
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.
EU buyside drifts from UK despite Brexit agreement
Nov 14, 2018Continental European investors remain wary of doing business in the UK. Here they argue the FCA’s temporary permissions regime doesn’t go far enough in covering potential risks
Buyside looks to rent fiduciary firms post-Brexit
Nov 5, 2018Portfolio managers are anxious about the risks surrounding this short-term post-Brexit solution. They say it will cause liquidity and capital fragmentation
Why no bank has done a Sonia-based loan
Oct 31, 2018Lenders explain why commercial loans are lagging behind other products in the Libor transition, as well as the various approaches to calculating compounded Sonia
OPINION: Mifid II’s data spat is a sign of changing times
Oct 25, 2018Regulators and the market are at least united on one thing: FIRDS needs work. It's time to stop shifting blame and work together on improving it. Free to read now
BMR: euro market relying on Eonia exemption
Oct 24, 2018Rates trading heads reveal the contingency plans they are making – or failing to make – in light of the existing timeline. Ideas range from logical to just plain odd
Firms look to initial margin outsourcing despite risks
Oct 22, 2018Now the rules capture less sophisticated firms, many are forced to outsource repapering, calculation and implementation projects. In-house lawyers explain why they do so at their own risk
Banks slash AT1 teams as market declines
Oct 10, 2018Sources are concerned about the future of AT1s as firms cut back on their capital solutions teams after struggling to interest investors. Some hope that MREL will give it a much-needed boost
Special reports
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