The European Commission introduced a relief package last week for EU banks that could boost lending by an estimated €450bn, but the future of some regulations beyond the Covid-19 crisis is being called into question
The consensus reached in the latest consultation on pre-cessation fallbacks will help Isda develop a single protocol, effectively fast-tracking market participants’ efforts to transition away from Libor
Regulators in the UK have firmly expressed their preference for sticking to the original transition schedule, but market participants maintain that this will be difficult to achieve
The decision by the Basel Committee to postpone the implementation of Basel III’s final part was largely welcome, but market participants remain sceptical that this will be enough
