DRS

Didn't see yesterday's publication of @TheFCA's consultation on the winding down of synthetic LIBOR? Our latest blog breaks down the detail for you: hubs.la/Q01g0_f80 #LIBOR

Yesterday, the PRA published a letter to the Chief Risk Officers of banks operating under its jurisdiction. Read our blog to find out what conclusions the PRA have drawn: hubs.la/Q01fT0B40

On 02nd June, @ESMA published a report containing an RTS that will delay the buy-in regime for 3 years following its application. Read our blog to find out more... hubs.la/Q01d4_Rx0

Our recent post on sanctions imposed against Russia has now been updated with an overview of the sanctions to date in Australia, the EU, the UK and the US. It's worth a read: hubs.la/Q017cWzt0

The rapidly developing situation in Ukraine has re-focused attention on targeted sanctions as a response to national aggression. Take a look at our handy guide to sanctions, including those in play from a UK perspective: hubs.la/Q016X_C40 #sanctions #derivatives #ISDA

On March 16th, the EC published a legislative proposal for a Regulation to amend the CSDR - again raising the topic of MBIs. Read our blog to find out what the Regulation might mean for future CSDR activity. #CSDR #MBI #securities. hubs.la/Q016fr-90

Today marks the coming into force of the CSDR’s Settlement Discipline Regime (SDR). The SDR aims to harmonise the authorisation and supervision of CSDs across the EEA. Read on to find out what this might mean for your business: hubs.la/Q013f4L30 #CSDR

The GMSLA isn’t as widely used as, for example, ISDAs and GMRAs and, as a result, fewer negotiators are familiar with its terms. We've put together a comprehensive guide to the GMSLA, useful for new and experienced negotiators alike. Download it here: hubs.la/Q010jk0b0

EU Parliament and Council have signalled a postponement of mandatory buy in (MBI) rules under the CSDR. Read our blog to find out more: hubs.la/H0_SZBq0

Following @TheFCA's publication of a series of LIBOR documents, it turns out that “Tough Legacy” might be better known as “slightly irksome”. Read our blog to find out what they said, and what it might mean for LIBOR moving forward: hubs.la/H0_rMMK0

As I'm sure you're aware the GMRA is the standard master agreement for cross-border repos. But, were you also aware that we are experts in GRMA negotiations - and that we've pooled our collective expertise into one handy comprehensive guide? Take a look: hubs.la/H0-x5rq0

Do you know who DRS are? What we do, how we work, or how we can help? Well now with our handy explainer video, we answer all those questions and more! Take a look: hubs.la/H0-7dZj0 #Alternativelegalproviders #legal #documentation

It's our final issue of our popular 'Eyes on IBOR' series, where we round up all the IBOR news and initiatives that have taken place over the last few months. Take a look: hubs.la/H0XDxwW0 #IBOR

On 2 July 2021, the European Commission (EC) released the results of its February 2021 CSDR consultation. Read our blog for our summary and analysis: hubs.la/H0RFZ2x0

Last Thursday's (01st July) Mansion House speech from UK Chancellor Rishi Sunak delivered the final coup-de-grace headshot to any lingering hopes for EU-UK equivalence. What does this mean for the UK financial services markets? Read on to find out: hubs.la/H0RzcvD0

Yesterday marked the entry into force of Section 2 of the UK Financial Services Act 2021 (FSA). Notable for the new FCA LIBOR powers, it does also contain other provisions. There's a lot to go over, so we summarise some of the more pertinent parts here: hubs.la/H0RsZwW0

The PRA and FCA yesterday published a joint policy statement on margin requirements for non-centrally cleared derivatives. Read our update here for more detail: hubs.la/H0Rp17n0

On 24 June 2021, the EC issued a joint statement with the EBA, ECB and ESMA, warning all market participants to cease their use of any LIBOR settings. Learn more with our handy blog: hubs.la/H0R1Z3h0

The EC has today extended the third-country CCP transitional regime by one year until 28 June 2022. Read our blog to find out more: hubs.la/H0QY_xK0

Last week the The UK Govt. Taskforce on Innovation, Growth and Regulatory Reform (TIGRR) published its report on the country post-Brexit environment. The report is wide-ranging, but we explore what the report means for the regulatory environment: hubs.la/H0QHLd80