After several years of battling against the mandatory buy-in requirements, market participants are relieved by the European Commission’s decision but anticipate more permanent announcements
With the government having set the scene by placing sustainable finance as a key focus of the post-Brexit financial services agenda, the onus is on businesses to follow suit and step up their engagement
The cessation of Eonia has ushered in a new era for the euro market, where participants now look to solidify risk-free rate use and further build liquidity
With Libor now gone in most tenors, market participants’ attention turns to synthetic rate use and to the US dollar transition, although some follow-up work remains in other currencies
