Josina Kamerling, head of regulatory outreach at CFA Institute for the Europe, Middle East, and Africa region, reports on EU policy issues, including a look at the May European Parliament elections and what this means for benchmark and money market fund reform. The podcast also covers the rise of the Eurosceptic vote and the debate over long-term financing.
US and UK regulators, as well as global standard-setters, are warning market participants to prepare faster for the day Libor no longer exists. J. Christopher Giancarlo, chairman of the Commodity Futures Trading Commission, said the fact that Libor will disappear from many markets "is a certainty" and financial firms must accommodate the change. MLex (subscription required) (12 Jul.)
The Justice Department is appealing a ruling by US District Judge Richard Leon that gave AT&T permission to buy Time Warner. The case will go before a three-judge panel at the US Court of Appeals for the District of Columbia Circuit. CNNMoney (12 Jul.)
Foreign direct investment in the US dropped 32% last year compared with 2016 to $259.6 billion, according to the Bureau of Economic Analysis. The total marked the second consecutive year of decrease, after a peak of $439.5 billion in 2015. Deutsche Welle (Germany) (12 Jul.)
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.