All posts tagged "Libor"
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16Asia-PacificBSP Issues Guidance on Reporting of LIBOR Exposures
Banks are required to report on all derivatives, as well as assets and liabilities that are interest-bearing, even where there is no LIBOR or PHIREF exposure.
March 5, 2021 -
99FeatureFSC Announces Selection of Korea’s New Risk-free Rate
The FSC will work on measures to promote and facilitate the use of the new RFR, including by listing RFR futures by year-end.
March 4, 2021 -
77Asia-PacificBOT to Issue First THOR-linked Floating Rate Bond in March
Institutional investors such as commercial banks, mutual funds, and insurance companies will be allowed to participate in the auction.
February 26, 2021 -
102Capital RegulationFSB Work Plan to Focus on Addressing Covid Vulnerabilities
The FSB says it will produce an assessment of initial lessons learned from the pandemic and a report on the factors needed for an orderly unwinding of support measures.
February 26, 2021 -
103Australia & NZAustralia On Track for Smooth IBOR Transition: S&P Global
Like other jurisdictions, AONIA does not yet have an established term market, however banks and corporates can reference the three-month BBSW where a term rate is needed.
February 25, 2021 -
109Market InfrastructureLCH Extends Central Clearing for SORA Derivatives to 21 Years
MAS will likewise extend the tenor of its daily SORA derivatives auctions with major derivatives dealers from 5-years to 20-years.
February 23, 2021 -
114EuropeUK Consults on Legal Safe Harbour to Manage LIBOR Wind-down
The consultation seeks views on whether a legal safe harbour could be a helpful supplement to the provisions inserted into the BMR by the Financial Services Bill.
February 18, 2021 -
142Big PictureG-SIBs to Spend Over $100m on IBOR Budget in 2021: EY
Banks of all sizes felt most of their budget would be spent on technology, followed by legal contract repapering. A shortage of legal resources remains a clear risk.
February 10, 2021 -
137EnforcementLondon Trader Jailed for LIBOR Manipulation Released
Tom Hayes told Bloomberg this week that efforts to replace LIBOR were pointless and that the rate was far safer now.
February 5, 2021 -
276FeatureMAS Outlines 2021 Plans to Continue Transitioning to SORA
SOR will now end 18 months later to reflect the IBA's plans, but the transition to SORA in cash products and derivatives markets will continue at pace.
February 3, 2021
