NZX has said it is taking steps to address technical issues it has faced amid a four-fold surge in trading volumes since early in the year.
The ARRC will establish final recommended conventions for SOFR-based floating rate notes, business loans, and securitisations by 31 July.
The additional barriers violate the WTO's principle of non-discrimination, and go against the general trend of liberalisation and facilitation of trade and investment, says the Chinese Embassy in India.
Policymakers said on Friday that monetary policies should make full use of RRR cuts, interest rate reductions and relending, indicating a shifting stance after GDP shrank 6.8% in Q1.
The toolkit lists 46 effective practices, structured across seven components: governance, preparation, analysis, mitigation, restoration, improvement, and coordination and communication.
The MOU and last year's equivalence decision from the European Commission ensure that FIs in the EU can continue using SIBOR and the SOR as reference rates in their contracts.
The FSB says internationally coordinated action to support a well-functioning, resilient financial system and open markets remain a priority.
The CPMI and World Bank have set out key actions to help stakeholders address fintech risks in the context of achieving financial inclusion outcomes.
A significant majority of respondents favour including both pre-cessation and permanent cessation fallbacks as standard language in the amended 2006 ISDA Definitions for LIBOR.