As the European Commission finally indicates they will be approving SFTR Level II legislation this week, how are the asset owner lenders going to satisfy their obligations?
While the UK focuses on the EU Withdrawal Act, an amendment to the German Banking Act could help underpin financial stability.
While the Withdrawal Agreement languishes in the quagmire of Parliamentary procedure, real change is emerging – and even becoming clearer in intensity and scope.
2019 marks Catalyst’s 25th anniversary of providing specialist services to banks, financial markets firms and now also asset and wealth managers worldwide.
Despite doomsday-predicting doubters, detractors and dissenters on both sides of the channel – and pond – Mrs May seems to have hashed out some semblance of a practical Withdrawal Agreement.
Are you waving or drowning? With another regulatory deluge on the horizon for 2020, we’re advising our clients to begin working on CSDR as soon as possible.
Moving to risk free rates will be operationally complex and time consuming, demanding a coordinated effort across multiple teams and departments against a tight timeframe.
How will market participants agree the fall-back rate for Libor, Euribor, or similar ‘Ibors’? Right now, there is no clear solution to satisfy all.