ICMA Podcast

ICMA Quarterly Briefing, Q3 2023: EU Listing Act

ICMA's Ruari Ewing (Secretary, ICMA Primary Market Practices Committee) narrates recent developments regarding the EU Listing Act (touching on the Prospectus Regulation, pre-sounding under the Market Abuse Regulation and official listing).

ICMA Quarterly Briefing, Q3 2023: Asian market developments

ICMA’s Chief Representative for Asia Pacific, Mushtaq Kapasi, reports on recent Asia-Pacific market developments highlighted in the Quarterly Report.

Transition from Legacy US Dollar LIBOR in the Bond Market: ICMA Podcast with four leading law firms

This ICMA podcast with four Leading Law Firms is about the transition from legacy US dollar LIBOR to SOFR in the bond market.

The background is that panel bank US dollar LIBOR ceased publication on 30 June, as planned. The FCA as global regulator of LIBOR has provided for synthetic US dollar LIBOR to be published for legacy transactions, including bonds, until 30 September 2024. Synthetic US dollar LIBOR provides a temporary bridge for legacy bonds to be transitioned from LIBOR to SOFR, the US dollar risk-free rate.

Following an introduction from Paul Richards, Head of Market Practice & Regulatory Policy at ICMA, the podcast consists of the following contributions from experts in four leading law firms:

• Catherine Wade of Linklaters on fallbacks in floating rate notes under English law
  
  
• Julia Machin of Clifford Chance on consent solicitations under English law
  
  
• Marcus Mackenzie of Freshfields on securitisations, including negative consents, under English law
  
  
• Amanda Thomas and Patrizia Pasqualini of Allen & Overy on the relationship between transition under English law, the US LIBOR Act and other foreign laws
  
  
• And Neil Pallender of Linklaters on operational issues during the transition

ICMA Future Leaders: Macro insights and career tips from Patrick Saner, Swiss Re’s Head Macro Strategy

This is an ideal mini podcast to once listen on your way to work. In the first part, Patrick Saner, Head Macro Strategy at Swiss Reinsurance, shares his insights on the global macroeconomic and financial market environment, particularly the outlook looking into the second half of 2023. Charlotte Mueller, who serves on the ICMA Future Leaders committee, also asks Patrick about career tips for young professionals – there is some valuable advice there for us all!

ICMA Future Leaders - Two Nordic bank CEOs’ honest opinions on how to tactically manage your career

Getting into banking is challenging - navigating a career in finance few years down the line is harder still.

This is why, on your behalf, International Capital Markets Association Future Leaders Nordic Steering Committee Representative, Anna Reuterskiöld took the opportunity to ask Eirik Winter, CEO BNP Paribas Group Nordic region, and Elisabeth Beskow, CEO DNB Bank ASA Sweden Branch, the tricky questions you might avoid asking.

Which areas of banking hold the best promise for career progression (and which to steer clear of), which skills will be valued as AI becomes a normal part of our work lives, is the specialist track superior or is a generalist approach a good tactic and, despite increasing talk of work-life balance in many institutions, what level of availability do our bosses expect, honestly? Can one maintain a personal life and mental health whilst pursuing a career in banking, seriously?

All the above and more is crammed into this 30 minute episode. Please enjoy, and if you have any comments or thoughts of other topics you would find helpful to hear about in the future, please feel free to reach out to Elisabeth, Eirik and Anna on LinkedIn or ICMA Future Leaders on futureleaders@icmagroup.org

Electronic trading in Asia-Pacific bond markets

Mushtaq Kapasi, Head of ICMA Asia Pacific, talks to Riad Chowdhury, Head of Asia Pacific, MarketAxess about where and why fixed income e-trading continues to grow, how to navigate the complexity and fragmentation of Asian markets, and emerging opportunities in 2023 for trading platforms as well as investors.

Building resilience in the global bond markets

Bryan Pascoe, Chief Executive of ICMA, discusses efforts underway to boost global bond markets resilience following post-covid socio-economic shocks.

Cessation of panel bank US dollar LIBOR: implications for bonds under English law

Paul Richards, Head of Market Practice and Regulatory Policy, reports on the cessation of panel bank US dollar LIBOR and the implications for bonds under English law.

The Asian international bond markets: development and trends

Mushtaq Kapasi, Managing Director, Chief Representative for Asia Pacific and Yanqing Jia, Associate Director, Asia Pacific speak about the third edition of the ICMA report on Asian international bond markets, which provides an updated overview of market development and analysis of market events through the end of 2022.

ICMA’s drive to support industry innovation through FinTech and Digitalisation

Georgina Jarratt, Managing Director, Head of FinTech and Digitalisation, provides an overview of ICMA's work on the automation and digitalisation of the industry as a whole, sharing insights into the strategic focus and objectives for the team over the next 1-2 years.