Episode 1: Goodbye LIBOR

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With the clock ticking until the end of 2021, the point at which LIBOR is expected to cease, the derivatives market is working hard to transition to alternative reference rates. ISDA CEO Scott O’Malia speaks to Edwin Schooling Latter, director in markets and wholesale policy at the UK Financial Conduct Authority, about progress in shifting from LIBOR and the challenges posed by ‘tough legacy’ exposures.

A Positive Step to Improve the FRTB in the EU

As the Basel III capital reforms are finalized for implementation in key jurisdictions, ISDA is maintaining a laser focus on making sure the rules are robust and risk-appropriate. Simply put, if capital requirements are set disproportionately high, this will have...