Our industry faces an increasingly complex global regulatory landscape. How do we stay ahead? By thoughtfully managing regulation and developing risk-resilient technology, so our clients can feel secure no matter what comes their way.
As forecasted in last year’s regulatory agendas, the Securities and Exchange Commission and other regulators have significantly picked up the pace with plans to adopt new rules governing asset managers. Read more to understand how this impacts asset managers.
This year is mission-critical for the migration away from LIBOR as regulators push to discontinue it by 2022. But with less than 18 months left, COVID-19 challenges, and liquidity being slow to develop in alternative reference rates, the market is limping toward that target.