In a survey of APLMA member institutions, more than half of respondents said they would not complete remediation of their legacy book until H1 2023.
April 21, 2022The guidance documents are intended to support the development of green, social, and sustainability-linked loans.
March 7, 2022The HKMA said it supports the publication of the new information note, which sets out options to replace USD LIBOR with SOFR in loan contracts.
September 15, 2021The update includes social risks in the categories to be considered as part of project evaluation and selection. Previously only environmental risks were included.
February 16, 2021New discussion drafts cover the use of SOFR for USD loan facilities in APAC, one using the compounded average approach and the other based on Daily Simple SOFR.
November 20, 2020The LIBOR transition opens the door to a fundamental rethink of the use of data and technology, and how firms provide products and services to customers, says Bloomberg's Bing Li.
September 15, 2020A poll of APAC corporate treasury, finance and legal executives by APLMA and Bloomberg showed most participants still aim to be on track for the move to risk-free-rates by end-2021.
July 24, 2020The guide provides an overview of issues for FIs to consider in their LIBOR transition programmes and an implementation checklist.
July 14, 2020Financial firms can’t seem to come to an agreement on the unofficial “pre-cessation” trigger that will signal the beginning of the end for Libor. Meanwhile, SOFR faces some controversy.
August 20, 2019