Notwithstanding the market stress created by the Ukrainian conflict, the US benchmarks transition continues to run a steady course, which the Fed says is further testament to SOFR’s robustness
Hogan Lovells partner Sharon Lewis and IFLR senior reporter Alice Tchernookova connected on International Women’s Day to discuss the meaning and power of saying 'no' for women in the workplace
The wider political context of the war in Ukraine has accelerated, and potentially toughened up measures to control the origin of investments in the UK that had been in the works for years
As sanctions against Russia increase by the day, it becomes evident that Europe should seize the moment to reshuffle the balance of power and foster its position as a global leader
While swaps volumes have risen to an all-time high in SOFR, many sources doubt the efficiency of the ‘no new Libor’ recommendation as the benchmark continues to dominate the US market
With a fresh consultation on how to increase Europe’s appeal for clearing just published, the countdown to the end of equivalence in 2025 has begun, and meaningful change is needed
While swaps volumes have risen to an all-time high in SOFR, many sources doubt the efficiency of ‘no new Libor’ as the benchmark continues to dominate the US market
The extension of clearing equivalence for UK CCPs until June 2025 has been welcomed by many, but others have criticised the Commission’s lack of long-term measures