Blog

LIBOR - Living on Borrowed Time?

[fa icon="calendar'] 07-Nov-2018 11:23:21 / by David Woolcock posted in Banking

[fa icon="comment"] 0 Comments

LIBOR is going nowhere fast. With $370 trillion of outstanding notional swaps tied to it, the desire to wean markets off this popular fix is going to be a long hard slog. The reasons for removing LIBOR are well rehearsed and the underlying intellectual rigour behind the arguments were compelling before the deluge of rate rigging allegations appeared. 

Read More [fa icon="long-arrow-right"]

Down in the crypt - a Halloween spook sends shivers down some spines!

[fa icon="calendar'] 31-Oct-2018 13:30:06 / by David Woolcock posted in cryptocurrencies, Banking

[fa icon="comment"] 0 Comments

The UK’s Cryptoassets Taskforce is comprised of HM Treasury, the FCA and the Bank of England. Not to be likened to the three witches from Macbeth who are often thought about at this time of year!! Just in time for Halloween, they have published a Final Report that sets the scene for the Cryptoassets, Blockchain and Distributed Ledger Technology (DLT) sector in the UK from a policy and regulatory perspective.  

Read More [fa icon="long-arrow-right"]

SFTR – The regulatory reporting net is about to be cast a whole lot wider

[fa icon="calendar'] 24-Sep-2018 11:20:00 / by Robert Harris posted in Banking, regulatory reporter, Regulation, SFTR, Blog

[fa icon="comment"] 0 Comments

The European Union (EU) Securities Financing Transaction Regulation (SFTR) is part of Europe’s continuing clampdown on potential risks in the banking & financial services sectors.  Scheduled for introduction in Q3 2019, it requires firms to report details of their Securities Financing Transactions (SFT’s) to trade repositories. This includes a range of instruments including; Repos, Securities and Commodities Lending, Buy/Sell Backs, Margin Lending and Total Return Swaps. 

Read More [fa icon="long-arrow-right"]

An American, European and Asian.....were in a bar discussing where to set up an FX trading hub.

[fa icon="calendar'] 09-Aug-2018 07:00:00 / by Robert Harris posted in GDPR, Trading, Banking, FX

[fa icon="comment"] 0 Comments

With FX volatility now rising rapidly our three fintech entrepreneurs were planning how to disrupt the Foreign Exchange market (the only financial market that runs for 24 hours per day) with a revolutionary ‘follow-the-sun’ app. They were planning to set up a global, low-cost, transparent, real-timedigital, blockchain exchange staffed by robots. 

Read More [fa icon="long-arrow-right"]

The uncertainty that surrounds technology strategy

[fa icon="calendar'] 06-Aug-2018 17:33:14 / by Dave Connors posted in data science, Blockchain, Technology, Insurance, data protection

[fa icon="comment"] 0 Comments

One thing that often comes up, whether we are talking informally to market contacts, or engaged with clients and prospects, is the level of uncertainty around technology strategy. 

Read More [fa icon="long-arrow-right"]

A Letter from the Americans, European Corporates Take Note……..

[fa icon="calendar'] 18-Jul-2018 09:01:54 / by David Woolcock posted in Banking, Blog, FX, Global Code

[fa icon="comment"] 0 Comments

The American Foreign Exchange Committee (FXC) has issued one of its letters last week addressed to all “Market Participants”. The FXC is an FX industry group that has been providing guidance to the market since 1978. 

Read More [fa icon="long-arrow-right"]

PSD2 – the really useful regulation

[fa icon="calendar'] 03-Jul-2018 07:00:00 / by Robert Harris posted in Regulation, Compliance, regulatory reporter, Banking, PSD2, Customer Service, Payments

[fa icon="comment"] 0 Comments

The 2018 Payment Services Directive (PSD2) opens up payments markets to new, radical service providers in an aim to create a cheaper, more efficient European payments market. It provides new opportunities for third parties to access banks’ internal data in real-time to improve customer service.  

Read More [fa icon="long-arrow-right"]

The Best Executed defence means no penalties.

[fa icon="calendar'] 29-Jun-2018 15:43:19 / by David Woolcock posted in World Cup, Banking, Blog, Best Execution, MiFID II, MiFID, Compliance, Regulation, regulatory reporter

[fa icon="comment"] 0 Comments

As the data publishing season for best execution begins, it is timely to look at what is required, and what will be required going forward.

Read More [fa icon="long-arrow-right"]

Three things that a captive should know about its strategic technology partner!

[fa icon="calendar'] 26-Jun-2018 15:55:37 / by Kevin Richmond posted in Blog, Insurance, Captives, start-ups, Technology, partnership

[fa icon="comment"] 0 Comments

Insurance managers and captive owners will recognise that building strategic partnerships is an essential part of their business, none more so than with chosen technology provider.

Read More [fa icon="long-arrow-right"]

VAR & Surveillance - unlikely bedfellows?

[fa icon="calendar'] 19-Jun-2018 17:41:40 / by David Woolcock posted in Banking, Blog, World Cup, Compliance, reporting

[fa icon="comment"] 0 Comments

Football is a game of two halves but last night for English fans that added 4 minutes felt like another half! For the “football’s coming home” brigade it was a decent start. The debate around VAR was well and truly stoked following the game and the pundits debate on the efficiency of VAR continues! We “was robbed” a phrase that comes to mind! It is uncanny how this translates into parallels with current debate in the financial markets.

Read More [fa icon="long-arrow-right"]

Are banks hearing their corporate customers?

[fa icon="calendar'] 08-Jun-2018 08:38:28 / by Robert Harris posted in Banking, whitepaper, Corporate Treasury

[fa icon="comment"] 0 Comments

 

Read More [fa icon="long-arrow-right"]

Doing the 'Right thing'...

[fa icon="calendar'] 06-Jun-2018 16:16:43 / by David Woolcock posted in Banking, Blog, MiFID II, Global Code, Regulation, Compliance

[fa icon="comment"] 0 Comments

Eurobase has just given me a reusable coffee/tea mug in support of World Environment Day. This should arrest the use of plastic in the office and help our seas and oceans, albeit in a very small way, but every little helps! Cycling into work, I heard on the radio about the tremendous amount inspired teachers do to educate our children on environmental matters. I can personally attest to the “nag factor” our teenagers bring to correct the ways of their elders! Overall, it is about doing the “right thing”.

Read More [fa icon="long-arrow-right"]