With the deadlines for extending the transition period and conducting equivalence assessments now passed, the likelihood of reaching an agreement by year-end is waning by the day
The Bank of England’s RFR working group recently published its tough legacy report, but many market participants are still likely to feel left in the dark
A number of capital relief measures for banks were recently proposed by the European Commission. Practice Insight asked market participants whether they think the authorities got it right
UK regulators have granted temporary relief on some of the transition’s milestones this year, but market participants should stay focused as the end-2021 deadline is unlikely to change