The financial sector faces unprecedented challenges as the most far-reaching set of reforms in the history of the industry are implemented.
Our expertise in international financial regulation means that we are able to work with clients to help them adapt their businesses to the new demands they face.
EU financial services horizon scanner
This report provides a high level overview of ongoing and expected EU initiatives on financial services. Read more. The horizon scanner is also available as a Topic Guide on the Financial Markets Toolkit.
The New Spring for Securitisation
We have compiled a set of articles looking at regulatory and market topics. They highlight current issues in the securitisation and structured debt markets and where things might be going. Read more.
New EU Legislative Measures for Non-Performing Loans
A recently released EU legislative package aims to facilitate the reduction of non-performing loans held by European banks now and in the future. However, it contains unexpected measures which will bring significant change to practice in the existing secondary loan market and also the primary loan market. Although the package is going through the EU legislative process there is an opportunity for market participants to submit feedback which will inform the legislative debate. Read more
Navigating the transition to PSD2: Further challenges ahead?
13 January 2018 marked the deadline for national implementation of the revised Payment Services Directive (PSD2). However, this is by no means the end of the story, as some Member States have not yet transposed PSD2 into national law and several of the related guidelines and technical standards do not yet apply. This briefing considers how firms may seek to navigate this transitional period and remaining implementation challenges. Read more.
A PRIIPS Primer
The PRIIPS Regulation came into effect on 1 January 2018. This short Q&A summary addresses some of the key questions in the debt capital markets arising from the Regulation. Read more. You can also find out more in our PRIIPS Topic Guide on the Financial Markets Toolkit.
LIBOR – the beginning of the end?
Market participants need to prepare for the likelihood that LIBOR will cease to exist by the end of 2021. Read more.
U.S. market manipulation - implications of the CFTC's broad interpretation of its authority
The CFTC's ability to prosecute traders for commodities and derivatives market manipulation extends to those who 'recklessly' impact prices by bona fide open market trading. What does this mean for legitimate market participants and is this approach likely to be upheld in the courts? Read more.