Britain’s vote to exit the EU has no immediate effect on the legal certainty of derivatives contracts, but counterparties must consider potential issues during the two-year notice period, according to ISDA.
“In light of the vote, ISDA is working with members to ensure the derivatives market is able to continue functioning safely and efficiently,“
Banks and other financial market participants in the European Union will have until mid-2022 to cut their “excessive reliance” on derivatives clearing houses in Britain, the bloc’s executive European Commission said on Monday. Britain, which Read more…
It is understood that the regulator’s review into fund governance following the collapse of Neil Woodford’s investment empire has been pushed back to 2021. The probe into ACDs officially launched in January after intense criticism of Read more…
There were 59 skilled person reports commissioned by the Financial Conduct Authority over the last 12 months, according to the watchdog’s annual report and accounts. There has been a big rise in the number of Read more…