ISDA confirmed that the announcement from JBA TIBOR Administration "constitutes an index cessation event".
March 7, 2024Most respondents said “six months before the cessation date” is a desirable timing to cease entering into new Euroyen TIBOR contracts.
December 27, 2023ISDA was recognised for its work providing fact-based advocacy, research and analysis across a range of initiatives
November 14, 2023FCMs and DCOs will be able to invest client funds in foreign sovereign debt and certain short-term US Treasury ETFs.
November 6, 2023Subject to negative vetting by LegCo, the rule changes will commence on 1 July 2024.
October 31, 2023In July, IOSCO effectively declared BSBY non-compliant. The administrator is now seeking feedback on whether to stop publishing the rate.
September 14, 2023The study assessed the feasibility of Japanese versions of the FXI and AXI indices, concluding that they can coexist with TONA and TORF.
September 12, 2023The clearing obligation will no longer apply to transactions referencing LIBOR and EONIA, which have been discontinued.
August 31, 2023Tom Hayes was the first person to be convicted of rigging LIBOR. He was released from jail in 2021 after serving half of an 11-year sentence.
July 7, 2023The new reference rate is generated by translating the 28-day BSP bill rate to its overnight equivalent.
July 6, 2023