The introduction of the long-term asset fund (LTAF) last month has been hailed as a strong move but will need more support measures to support it, especially from a tax perspective
With two of the seven USD Libor maturities discontinued at the end of 2021, and the other five – overnight, one, three, six and 12 months – to follow in June 2023, we surveyed the market to gauge readiness
After several years of battling against the mandatory buy-in requirements, market participants are relieved by the European Commission’s decision but anticipate more permanent announcements
The introduction of the long-term asset fund (LTAF) last month has been hailed as a strong move but will need more support measures to support it, especially from a tax perspective
Lack of preparedness for the investment firms prudential regime could cause compliance issues in January, but sources say this is partly due to a lack of clarity on rules
Lack of preparedness for the investment firms prudential regime could cause compliance issues next year, but sources say this is partly due to a persistent lack of clarity on rules