Securities Financing Transactions Regulation will take effect on 13 July 2020.
Open access regime delayed until 4 July 2021.
The powers will help manage tough legacy’ contracts that cannot transition from LIBOR.
The legislation will help create the world's first “green list” for sustainable economic activities
Market participants need to mitigate the potential risks and costs of upcoming penalties and buy-ins.
The European Commission’s High Level Forum on the Capital Markets Union published its final report.
There is deference to home country supervision of US-based derivatives clearinghouses.
The Bank of England will start producing a Sonia compounded index in early August.
Regulators must strike a balance between intended and unintended consequences.