In 2017, the British Financial Conduct Authority (FCA) announced that the calculation of the LIBORs will not be continued after 2021. It is to be replaced with a new risk-free reference interest rate. All the main currencies will be affected. We describe the possible impacts as well as the necessary changes that are required during the conversion to the new interest rate.
WeiterlesenIn the context of the UK’s withdrawal from the European Union at the beginning of next year, many institutions decided to expand their business activities in Frankfurt or relocate there. Finbridge informs these institutions about the upcoming regulatory requirements.
WeiterlesenIn recent years, covenants have gained importance as a tool for credit risk management and have become established as a widespread creditor protection instrument in credit agreements.
WeiterlesenAn environment of recovering prime rates has led regulators to put more emphasis on interest rate risk in general and triggered the EBA release of an update to the corresponding EBA guidelines (EBA/GL/2018/02) on 19 July 2018 which is scheduled to enter into force as of 30 June 2019 and takes the standards formulated in BCBS 368 into account.
WeiterlesenAfter several years of being relatively ignored by the financial sector, blockchain has gained popularity over the past year. The reason for this is simple - similar to the Internet, Blockchain does not yet bring directly implementable solutions, but it offers the basis for a wide range of applications. Since this potential of the Blockchain was discovered, a real race for the use of this new technology has broken out.
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