The US dollar market has much to draw from the UK’s experience, but fundamental differences in legislation will make any copy-and-pasting exercise difficult
Despite a small dip in SOFR trading activity last month, market participants at the NY Fed’s latest Libor event all hailed the progress achieved on the transition away from USD Libor
The FCA’s Nikhil Rathi and the NY Fed’s John Williams reflected on transition efforts and outlined outstanding challenges, expressing confidence on USD Libor progress
Under growing pressure for international standards to be established on digital asset regulation, the two bodies have published statements to address financial stability risks
As both Europe and the US continue to progress on ESG regulation, sources examine what brings together regulators on both sides of the Atlantic, and what sets them apart
