ECB working group issues recommendations for EONIA transfer to €STR

February 20, 2020

The private sector working group on euro risk-free rates has published a report on the transfer of liquidity from EONIA’s cash and derivatives products to the €STR. The report supplements…

Fintech, interest rate benchmarks, stablecoins top FSB’s 2020 priorities

December 18, 2019

Anna Reitman

News and Notes – Fintech

benchmark reform, fintech, FSB, regtech, stablecoins, suptech

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The Financial Stability Board (FSB) published its work programme for 2020. The FSB’s work priorities for 2020 reflect the evolving nature of the global financial system and associated risks to…

ESAs reinforce that OTC derivative fallbacks should not create legacy contract obligations

December 5, 2019

Anna Reitman

News and Notes

benchmark reform, European Supervisory Authorities, non-cleared derivatives margin

No Comments

The European Supervisory Authorities released a statement on the introduction of fallbacks in OTC derivative contracts and the requirement to exchange collateral. ESAs are aware of the possible interplay between…