JBATA has finalised the fallback provisions for cash products referencing JPY TIBOR or Euroyen TIBOR. The changes will take effect on 1 April.
March 22, 2023The BSE issued new rules for margin financing and securities lending business, in a bid to further improve market liquidity and pricing efficiency.
November 17, 2022The relief delays more onerous accounting treatment that borrowers with legacy LIBOR loans would face if the relief was not extended.
October 10, 2022The BSE issued draft rules for margin trading and securities lending, launched its first treasury bond, and set out plans to introduce its first benchmark index.
September 7, 2022USD SOFR ICE Swap Rate settings are available for the same tenors for use as a benchmark in financial contracts and instruments.
September 1, 2022The extension will encourage further development of the SORA derivatives market and deepen liquidity in longer tenors of SORA OIS.
June 21, 2022ASX says the inclusion of fallback provisions in contractual documentation will provide contractual and risk management certainty.
June 16, 2022The establishment of MYOR-i as the Islamic benchmark rate will be a catalyst in driving Islamic financial product innovation, BNM says.
March 28, 2022The launch of ICE Term SOFR provides certainty when borrowers and lenders calculate their interest expenses and other contractual payments in advance.
March 18, 2022The bill is based on legislation that passed the House in December, and is similar to a law enacted by New York state and others in the past year.
March 11, 2022