All posts tagged "Libor"
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255Contributed ArticleBenchmark Reform: HONIA Beckons but is Hong Kong Ready?
TMA published feedback from market participants on HONIA as the successor to HIBOR in late December but unlike its US counterpart SOFR, Asian businesses are taking time to adapt.
January 20, 2020 -
370EuropeUK Regulators Set Key LIBOR Transition Deadlines
Market makers have until 2 March to adopt SONIA as the market convention for issuing sterling interest rate swaps, and until Q3 to end all new issuances of LIBOR-based cash products.
January 17, 2020 -
360InternationalFSB Report Highlights Risks of Continued LIBOR Reliance
In its latest progress report on benchmark reform implementation, the FSB calls for "significant and sustained efforts" to transition away from LIBOR by end-2021.
December 19, 2019 -
454Asia-PacificAsian Benchmark Administrators Face ‘Perfect Storm’ in 2021
The BMR transition period is now scheduled to end alongside LIBOR's discontinuation, creating a "perfect storm" of regulatory change for benchmark administrators and users at end-2021.
December 17, 2019 -
335InternationalISDA Seeks Regulatory Clarity on LIBOR Pre-cessation Trigger
ISDA is prepared to re-consult on adding a mandatory pre-cessation fallback clause in LIBOR contracts once it gets clarity from regulators on the implications of a “non-representative” LIBOR.
December 10, 2019 -
701Contributed ArticleReducing Settlement Cycles – An Asia Pacific Perspective
Should the decision be taken to further reduce the settlement period, a number of challenges will have to be overcome, says Senfinasia founder Philippe Dirckx.
December 9, 2019 -
271InternationalFSB Urges ISDA to Embed LIBOR Pre-Cessation Trigger in Definitions
The FSB says a pre-cessation trigger should be added alongside a cessation trigger as standard language in definitions for both new and outstanding derivatives contracts.
November 21, 2019 -
940Asia-Pacific
Hong Kong Leads Asia on LIBOR Transition Readiness: KPMG
Survey findings and discussions with banks in the region indicate a lack of readiness for the LIBOR transition. But, failure to keep up will eventually prove disruptive, KPMG says.
November 21, 2019 -
1.3KAsia-PacificTransitioning Away from IBORs: The View from Asia
Asian banks have a large and complex operational task ahead of them as they prepare for a post-LIBOR world after 2021, say KPMG’s Marie Gervacio and Luke Gower.
October 30, 2019 -
441Australia & NZAustralia: Smaller Institutions, Buy Side Less Prepared for Libor Cessation
Existing Libor-referencing contracts that don’t have robust fallback provisions in place will be tied up in very lengthy disputes, warned the RBA’s Christopher Kent at ISDA’s Australia Conference.
October 24, 2019
