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E.U. advisory firms still not complying with MiFID II
By Thomas Helm
May 30, 2019, Practice Insight from IFLR
The majority of advisory firms are still not fully compliant with the FCA’s Prod Rules and their E.U. equivalents, according …
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Accounting body proposes relief on Libor transition
By Philip Stafford
May 3, 2019, Financial Times
The main global accounting body is planning to modify standards for how banks and companies treat Libor-related deals on their balance sheets, …
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Funds Keep Cards Close to Chest on Post-Libor Litigation
By Thomas Helm
April 8, 2019, Practice Insight from IFLR
Hedge funds considering acquiring positions that would enable them to litigate when Libor goes offline are reluctant to reveal details …
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Brokers ‘Clinging On’ Amid Weak Research Spending
By David Ricketts
April 9, 2019, Financial News
It is more than a year since sweeping changes were waved in under Europe’s landmark Markets in Financial Instruments Directive II, and …
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New Benchmark Rate, Gunning to Replace Libor, Gains Traction
By Daniel Kruger and Telis Demos
March 29, 2019, The Wall Street Journal
Trading in forward contracts using the benchmark rate expected to replace Libor surged to a record this …
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U.K. Firms Shift £1 Trillion Assets to E.U. for Brexit – EY
By Louisa Chender
March 20, 2019, Global Investor Group
U.K.’s financial sector will see £1 trillion worth of assets move over to Europe as firms prepare for Brexit, according to …
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Volume ‘Non-Existent’, but SOFR Backers Are Upbeat
By Robert Mackenzie Smith
February 28, 2019, Risk
An industry group tasked with replacing U.S. dollar Libor is confident that liquidity in interest rate swaps linked to the secured overnight …
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Banks Losing Battle to Be No-Deal Brexit Ready
By Sinead Cruise and Huw Jones
February 25, 2019, Reuters
Major banks are still not ready for a ‘no-deal’ Brexit as they grapple with delays in licenses for new European …
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Bankers Don’t Flee London, Despite Exodus Predictions
By Georgi Kantchev
February 22, 2019, The Wall Street Journal
A month before the U.K. is set to leave the European Union, a long-feared exodus of financiers from London hasn’t …
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Cautious Dublin Reaps Benefits of Brexit Exodus
By Arthur Beesley
February 12, 2019, Financial Times
Ireland is at the heart of the apparent logjam in Brexit talks between the U.K. and the E.U. No country would suffer …
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