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  • Bankers need lessons in Mifid II compliance
  • The publication of the Code has raised more questions than answers, especially when it comes to how it interacts with EU legislation
  • Akbar Komijani, deputy governor of the Central Bank of Iran, tells IFLR what is needed to help the Islamic finance market take off
  • The FCA’s announcement that it would phase out Libor by 2021 has confirmed that some key historic benchmarks are likely to be obsolete over time. But their replacements still have a role to play in the future
  • The UK’s PRA has intensified bank recovery planning requirements far beyond existing UK and EU rules
  • The congress of Guatemala has been discussing Bill 5157, which contains amendments to Decree 19-2002 (Law of Banks and Financial Groups, or Ley de Bancos y Grupos Financieros). These amendments have the backing of the Ministry of Economy, the Monetary Board and the General Secretariat of the Presidency of the Republic.
  • In Australia, PINSENT MASONS has launched a new operation in Perth through the hire of four partners from Norton Rose Fulbright. The firm originally opened in the country in 2015.
  • There are still no globally-accepted environmental and climate finance standards in spite of issuances rocketing. But some initiatives are helping
  • New York residents often have little time to prepare their own meals. Once or twice a week, they have prepared food delivered to their apartment. There are a number of websites and apps for this, which until fairly recently this reporter believed seemed to be in direct competition with each other – as it turns out, they are largely all one and the same.
  • In early September it emerged that fewer than 10 UK-based banks had applied for EU licences to continue trading after Brexit. According to Reuters, the sloth pace is concerning to those at the European Central Bank (ECB), who are beginning to think that either banks are ill-prepared (unlikely), or that there's a loophole in the legislation (slightly more likely).