Chairman Jay Clayton tells Practice Insight that US firms are not doing enough to prepare their Brexit risk disclosures – some are only now conducting initial assessments. Banks say things are changing too quickly to keep up
Senior in-house counsel and bankers reflect on Brexit’s effects on capital markets as ECM desks abandon over 50 London Stock Exchange IPOs this year, while DCM struggles with low deal volumes and repapering
London-based financial institutions are rebuffing the French government’s attempts to persuade them to relocate to Paris. This has led to the government accelerating its no-deal Brexit contract continuity precautions
Capital market participants have ramped up their Brexit preparation efforts over the past few weeks as political uncertainty takes its toll on the industry. This time, the sector is turning to mergers
Continental European investors remain wary of doing business in the UK. Here they argue the FCA’s temporary permissions regime doesn’t go far enough in covering potential risks
In-house teams are wondering if there are enough lawyers in the world to help them juggle the two projects at the same time. Unknowns surrounding the final deal, relocation strategies and ratings don't help
Portfolio managers are anxious about the risks surrounding this short-term post-Brexit solution. They say it will cause liquidity and capital fragmentation
Almost half of UK-based buyside firms haven't started yet with just months to go, according to in-house lawyers. Here the Central Bank of Ireland's asset management director responds
Trading venues explain why the Netherlands is emerging as a winner in the market infrastructure space, though the EU as a whole risks losing significant business to the US in the process
Sources are concerned about the future of AT1s as firms cut back on their capital solutions teams after struggling to interest investors. Some hope that MREL will give it a much-needed boost
Continental European firms have had a relaxed approach to the UK’s exit so far with many yet to start on contingency plans or repapering, according to in-house sources
The event has fuelled fears of CCP close-outs and liquidation after the UK’s exit from the EU, prompting firms to significantly ramp up their lobbying efforts and successfully gain the support of Esma
