On Wednesday, December 15, from 12-2:30 pm ET, ICI will hold a virtual members-only meeting of the Derivatives Markets Advisory Committee. We are pleased to have as our guest speakers Phil Hinkle, Partner, and Karen Stretch, Partner, Dechert LLP. Phil and Karen will join us for a...
As previously advised, on 24 September 2021 the European Securities and Markets Authority published a consultation paper on the best execution reports that execution venues and investment firms are required to publish under MiFID II.
On 24 September 2021, the European Securities and Markets Authority (ESMA) published a consultation paper ("CP") on the best execution reports that execution venues and investment firms are required to publish under MiFID II. ESMA is accepting comments on the CP by 23 December 2021...
The CFTC staff has issued a no-action letter to Korea Exchange, Inc. (KRX) with respect to the offer or sale of KOSPI 200 Futures Contracts and Mini KOSPI 200 Futures Contracts (together, "Contracts") to persons located within the United States.
Global regulators and policymakers continue to address LIBOR transition by market participants. Below, we discuss two recent developments: a UK Financial Conduct Authority (FCA) confirmation of its policy on the use synthetic versions of UK sterling and Japanese yen LIBOR when those...
On November 17, the Commodity Futures Trading Commission issued a request for information and comment (RFI) on amending its swap clearing requirements in light of the upcoming cessation of LIBOR (and other IBORs). The CFTC is soliciting information and comments.
The Basel Committee on Banking Supervision, the Committee on Payments and Market Infrastructure, and the International Organization of Securities Commissions (collectively, the "regulators") late last month published a joint consultation ("report") .
