Loans have famously been the slowest part of the market to transition to risk-free rates, but recently published documents and conventions could turn out to be game-changers
Esma recently postponed the settlement discipline regime by another year to 2022, leading some market participants to speculate on whether parts of it could be removed altogether
Following in the UK’s footsteps, the European Commission has made a proposal to grant itself special powers to remedy EU tough legacy contracts. Users are relieved
Due for implementation in 2021 in the UK, the IFPR is still under discussion. Some sources say that the course of Brexit negotiations could influence its future
Discussions had temporarily shifted to Covid-19 related delays over the past few months, but the plethora of recent announcements and debates bear testimony to reinvigorated transition efforts
