All posts tagged "IBA"
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293InternationalIBA Launches ICE Term SOFR Reference Rates
The launch of ICE Term SOFR provides certainty when borrowers and lenders calculate their interest expenses and other contractual payments in advance.
March 18, 2022 -
475FeatureJapan Unveils Decisions on Treatment of Legacy LIBOR Contracts
Synthetic JPY LIBOR may be used if the contracting parties agree to do so, as well as in "exceptional cases" where it is difficult to proceed with negotiations.
November 24, 2021 -
622EuropeFCA Confirms Rules on Using Synthetic GBP and JPY LIBOR
Synthetic GBP and JPY LIBOR rates will be published until end-2022 and can be used in all legacy LIBOR contracts other than cleared derivatives.
November 17, 2021 -
164International
IBA Publishes Production Version of SOFR ICE Swap Rate
The US dollar SOFR ICE Swap Rate will help the USD non-linear derivatives market in its ongoing transition to SOFR, said IBA president Tim Bowler.
November 9, 2021 -
298AML / KYCRBI to Allow Foreign Banks to Store Limited Data Overseas
Following meetings with foreign banks, the RBI will allow certain static data to be stored in offshore locations for AML and sanctions screening purposes.
October 14, 2021 -
306International
IBA Publishes ‘Beta’ Rates for SOFR Interest Rate Swaps
The new rates will assist the non-linear market in its transition to SOFR, IBA said. Currently they are being published solely for information and illustration purposes.
October 12, 2021 -
508Europe
FCA Consults on Permitted Use of Synthetic LIBOR Rates
The FCA proposes to permit legacy use of synthetic GBP and JPY LIBOR in all contracts except cleared derivatives for the duration of 2022.
September 30, 2021 -
288International
IBA Launches New RFR Indexes to Facilitate LIBOR Transition
IBA has now launched RFR indexes for SOFR, SONIA, €STR and TONA, providing daily values that represent accrued compound interest.
September 24, 2021 -
172Capital RegulationIndian Banks Set to Apply for ‘Bad Bank’ Operating Licence
The bad bank will be 51% owned by public sector banks. The remaining shares will be owned by private sector lenders.
July 21, 2021 -
226Europe
FCA Consults on Intention to Compel Publication of Synthetic LIBOR
The FCA intends to compel publication of synthetic versions of GBP and JPY LIBOR, using forward-looking term version of RFRs.
June 25, 2021
