Custodian banks are under pressure to ensure they are ready for the phase four initial margin March 2019 deadline, but juggling various legal agreements, KYC checks and Brexit isn’t easy
Many feel that the Securitisation Regulation’s intention is to deter bank investors from buying ABS, while Solvency II amendments are unlikely to bring back insurance firms
Three portfolio managers do not think the new EU Money Market Funds regulation has taken the nuances of different member states into account. They see the introduction of the LVNAV as a hindrance to the market as it’s already turned execution into a lengthy process. A price hike for short-dated commercial paper is expected in response
The proposed directive may ultimately bring back pricing differentiation, but it could also cause significant disruption in the market. Here bankers and investor groups outline the points they are lobbying European regulators on, from asset eligibility to liquidity buffers
Phase five firms are concerned the process of producing figures will lead to conflict. Others are keeping implementation projects on ice in the hope that BCBS-Iosco will bend to their lobbying