OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
How the discontinuation of LIBOR may affect your…
FAO: Trade Association Chairs/CEOs, How the discontinuation of LIBOR may affect your members and stakeholders You may know that a major transition is underway to switch from the interest rate benchmark LIBOR to alternative ‘risk-free’…
The Bank’s risk management approach to collateral referencing…
This market notice (Market Notice) forms part of the Documentation for the Bank of England’s operations under the Sterling Monetary Framework (SMF) and should be read in conjunction with the main SMF Documentation, each as…
Minutes of the London FXJSC Operations Sub-Committee Meeting…
Welcome and apologies for absence Isabelle Dennigan (Chair, RBC) noted the apologies received and welcomed Sharon Chapman (Barclays) and Terri Van Praagh (Northern Trust) as new members of the FXJSC Operations Sub-committee. Paul Avanzato (Legal…
Former CFTC Head Talks LIBOR
The London Interbank Offer Rate (LIBOR) had a fatal flaw which led to its downfall, according to the former head of the Commodities Futures Trading Commission (CFTC). Timothy Massad was the Chair of the CFTC…
Next steps for LIBOR transition in 2020: the…
The Bank of England (the Bank), Financial Conduct Authority (FCA) and the Working Group on Sterling Risk-Free Reference Rates (RFRWG) have published a set of documents today, outlining priorities and milestones for 2020 on LIBOR…
FCA and Bank of England encourage switch from…
This change is intended to move the greater part of new sterling swaps trading to SONIA and reduce the risks from creating new LIBOR exposures. Following FCA discussions with market makers, the authorities have identified…
The Senior Executive Accountability Regime: Our Expectations of…
Address to the IBEC Fraud Prevention Forum Good Morning I would like to thank IBEC and the International Fraud Prevention Conference for the invitation to address you on the Central Bank’s proposals to strengthen individual…
B P Kanungo: Trade War – is it…
1. I am delighted to be here today and am grateful to the FAI and the organisers of this conference for inviting me to speak about trade war to this gathering. I am also happy…