Following the financial crisis, both securities lending and repurchase transactions came under increased scrutiny as they were perceived to have contributed to the build-up of hidden leverage in the market. Regulators sought to introduce Securities Financing Transaction Regulation (SFTR), covering three key requirements: transaction reporting, disclosure obligations and collateral reuse obligations. SFTR is a sweeping mandatory change for the securities …
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 …
We are thrilled to announce that Peter Brooke has joined us as Practice Lead for our Anti-Financial Crime (AFC) and Non-Financial Risk (NFR) practices.
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.
An exploration of the potential modifications the OCC will make to the Volcker Rule to reduce the burden on banks whilst still serving its original purpose.
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).
With 6 months until GDPR becomes enforceable, New Link Consulting explores the questions you should be asking of your business to confirm compliance.
- Page 1 of 2