Libor push-back unlikely for now, but corporates will seek clarity

The coronavirus pandemic has put some major market regulation on ice, but not the Ibor transition, the most far-reaching financial reform still on market participants’ to-do lists.
Two weeks ago, the derivatives industry scored a win when regulators conceded to delay the phase-in of the last two legs of initial margin rules.
The main justification for the one-year delay was the operational complications caused by Covid-19. With ...Already a subscriber? Login