websites-group
  • regulators 2
This year is critical year for Libor transition, particularly in the cash markets.

This year is critical year for Libor transition, particularly in the cash markets.

FMSB'S focus in 2020 includes assessing risks that may arise with replacing IBOR.

Contracts and systems need updating before the end of 2021.

Responses are due by 20 April 2020.

The FCA and Prudential Regulation Authority are investigating Jes Staley.

Priorities include transparency obligations, risk analysis on green bonds, ESG investing and taxonomy.

More diverse management bodies can help improve decision-making.

EU law will continue to apply during the implementation period.

European Forum of Securities Associations made initial comments on the review of the regulation.