“The Determination’s conclusions and reasoning were primarily based on the classic “if it ain’t broke, don’t fix it” chestnut that, in our view, has been too frequently absent from the overall Dodd-Frank Act regulatory process.”
“The Determination’s conclusions and reasoning were primarily based on the classic “if it ain’t broke, don’t fix it” chestnut that, in our view, has been too frequently absent from the overall Dodd-Frank Act regulatory process.”
—Peter Green, partner at Morrison & Foerster in London, on the U.S. Treasury’s decision to exempt fx forwards and swaps from the clearing obligation under Dodd-Frank.
Rising energy costs, inflation and interest rates may all sound a bit 2023 in the face of the latest fears about AI Armagaddon but this is what will drive the bond market for now
French covered bond trading levels have become increasingly divorced from OATs since the start of 2024, offering a golden opportunity to issuers ahead of a likely volatile period