With just over three months to go until no-new-Libor kicks in in the US, we are running a survey to gauge market feeling on the Libor transition and overall readiness. Have your say now
Significant progress has been made on the Libor transition across currencies, but higher-than-expected reliance on fallback solutions will give rise to operational risk early next year
Agreed upon earlier this year, the post-Brexit forum for financial services talks has not formally started, which sources say is holding up progression on equivalence decisions
Dependency on third-country financial services in a post-Brexit world jeopardises financial stability, sources have said, arguing that the EU needs to strengthen its primary market
“Ultimately, our goal is to keep working with our clients to provide them with the tools they need,” says Gajria, in the context of heavy criticism against credit-sensitive rates
Significant progress has been made ahead of Libor’s phase-out, including on consent solicitations, but a large portion of the bond market will not have transitioned by year-end
