The Basel Accords, issued since the late 1970s by the Basel Committee on Banking Supervision, have continuously evolved, leading to the final Basel IV standards, also known as Basel 3.1, published in December 2017. New Link Consulting kicks off a series of articles exploring the journey from Basel I to Basel IV, addressing potential regulatory divergence and major impacts on the financial industry.
IBOR transition in Europe has taken another step forward. On Monday, May 6th, the European Money Markets Institute (EMMI), which is the administrator of both the EONIA and EURIBOR benchmarks, applied to the Belgian Financial Services and Markets Authority (FSMA) for authorisation to compute & publish “reformed” Euribor. EONIA and EURIBOR are two of the main euro-denominated measures of money …
1. A Little Context Within the next two and a half years, global financial markets will see lasting changes made to some of their oldest interest rate benchmarks. These benchmarks will be either retired or reformed, replaced either by a series of nearly risk-free rates (RFRs), or reformed benchmarks. We are of course talking about Inter-Bank Offered Rates (IBORs), the most common of …
The first in a series of LIBOR transition breakfast events took place in London on the 27th November 2018.
On Tuesday 27th November New Link Consulting are hosting the first in a series of events to explore the implications of transitioning away from LIBOR.
A summary of the main points from the final negotiation of this key regulation resulting from the Financial Crisis of 2007-08.
A brief exploration of some of the challenges to implementing the Fundamental Review of the Trading Book (FRTB).