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.

Investors approve first ever amendment to Libor legacy bond

Jun 11, 2019

Market participants and the FCA have welcomed news of the first ever successful amendment of a floating rate note to reference an alternative rate instead of Libor

Brexit contingency plans stall as industry adopts ‘wait-and-see’ attitude

Jun 19, 2019

With the race for Tory leadership at full speed and Brexit pushed back until later this year, regulator and buyside sources say they have paused contingency planning for the summer

Regulators invest in AI to clean reporting data sets

Jun 13, 2019

Regulators are investing in artificial intelligence to build insights from data generated by the new post-financial-crisis reporting regimes; however, some data quality challenges remain

Practice Insight’s most read: May 2019

Jun 6, 2019

Busy? Here are all the stories your competitors read last month, from contractual shifts to Sonia to Mifid reporting fines

Loan market still concerned by lack of term Libor replacement

May 30, 2019

Term rates are better suited to cash products, but market participants must accept that they may not get what they want when Libor is discontinued in two years

Is regulation making markets less competitive?

May 29, 2019

Many market participants feel that the sheer volume of post-crisis rules, especially in Europe, unfairly disadvantages smaller players who are unable to stay ahead of the regulatory curve

Corporates start amending contracts to reference Sonia

May 22, 2019

Associated British Ports may be the first to begin updating problematic legacy contracts to reference Sonia rather than Libor. Bankers view it as a test case

How regulators can mitigate Libor litigation risk

May 20, 2019

Hedge funds say that if regulators can be clear on the economic value transfer of switching from Libor to risk-free rates, there will be less scope for costly litigation