Market participants are increasing their equivalence lobbying efforts as the post-Brexit treatment of bonds and stocks listed on the London Stock Exchange remains unknown. Plus, Goldman Sachs responds to Switzerland relocation rumours
Although managers applaud EU and UK regulators’ achievement of agreeing on delegation, there are still no passporting provisions for outbound UK funds. Meanwhile, the TPR is finally gaining traction
The majority of the investment management community is now turning to the concept of management companies as a post-Brexit solution. Other more cautious managers are making their way to Luxembourg
A batch of STS-approved deals makes some hopeful about the new regime, but others remain unconvinced and believe the market will shrink due to the stringent data requirements
Banks are nervous about offering these facilities to their clients,owing to confidentiality concerns around sensitive trade information. But this hasn't deterred top tier US banks from offering this service
The Commission has officially published the regulation, but firms are by no means prepared. Here, sources reveal the low level of understanding within working groups