Focus Insight

LIBOR is dead; long live the RFR: new ISDA fallbacks to address LIBOR

On 23 October, the International Swaps and Derivatives Association, Inc. (ISDA) released the ISDA 2020 IBOR Fallbacks Supplement to the 2006 ISDA…

23 October 2020

US banking agencies issue proposed rule addressing role of supervisory guidance

On October 20, the Federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of the Currency (OCC), the Board of Governors of the…

23 October 2020

A closer look at ISDA's new 2020 IBOR Fallbacks Protocol and amendments to 2006 definitions

Would provide parties with uniform way to address existing and new derivatives contracts after discontinuation of LIBOR…

20 October 2020

ESMA Chair Steven Maijoor discusses the status of €STR, EONIA and EURIBOR

On 21 September 2020, Steven Maijoor, Chair at the European Securities and Markets Authority (“ESMA”), delivered a speech at City Week 2020 in London…

20 October 2020

Crypto: legal certainty forthcoming

On 24 September 2020, the European Commission published a proposal for a regulation on markets in crypto-assets (the “Proposal”). The Proposal seeks…

15 October 2020

The Nigerian derivatives regulatory famework and the development of an efficient derivatives market in Nigeria

Over the past decade, Nigeria has steadily developed its derivatives regulatory framework. In 2011, the Central Bank of Nigeria (CBN)…

14 October 2020

Digitalisation and technological transformation in Egypt's banking and payment sector in Egypt

Last month, Egypt has witnessed a progressive change in its legislative system to keep Up with the global changes in the banking and digital payment…

05 October 2020

Australia: a new financial services landscape

For the financial services sector, 2020 was to be the year of rebuilding after the royal commission reckoning of 2018-2019. But with 2020 presenting…

04 October 2020

Swiss Parliament approves new DLT Regulations

Last Friday, the Swiss Parliament approved the new regulations for Blockchain and Distributed Ledger Technology (DLT Framework). Thereby, Switzerland…

30 September 2020

The South African National Treasury has published the second draft of the Conduct of Financial Institutions Bill for public comment

On 29 September 2020, National Treasury published the long-awaited second draft of the Conduct of Financial Institutions Bill [B - 2020] for public…

30 September 2020

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