Chairman of the U.S. Senate Committee on Banking wrote to banks about losses related to Archegos.
CEO said significant loss relating to the failure of a US-based hedge fund is unacceptable.
From April sterling Libor cannot be used in any new lending or cash products that mature beyond 2021.
The platform drives financial resource optimization for capital markets.
Sustainable Finance Disclosure Regulation requires asset managers to disclose ESG risks.
Financial firms will be able to allocate capital more efficiently.
Many contracts governed by New York law do not have adequate provisions for LIBOR ceasing to be published.
LIBOR underpins $400 trillion worth of contracts and is due to end this year.
Environmental markets are among the fastest growing globally.
