All posts tagged "synthetic LIBOR"
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455JapanRefinitiv Set to Launch Tokyo Swap Rate Fallback
The Tokyo Swap Rate Fallback is based on a static spread adjustment and the Tokyo Swap Rate (for swaps referencing TONA), which was launched in October.
December 13, 2021 -
468FeatureJapan 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 -
617EuropeFCA 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 -
388Feature
BOJ Issues Consultation on Use of Synthetic JPY LIBOR
Input is sought on the special circumstances in loan and bond contracts that would make transition difficult and the specific details of such circumstances.
October 5, 2021 -
502Europe
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 -
158EuropeEU Regulators Urge Participants to Stop Using LIBOR
Market participants are asked not to wait for the European Commission to exercise its powers to designate a replacement for LIBOR.
July 6, 2021 -
225Europe
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 -
253Europe
FCA Consults on Use of New Powers to Facilitate LIBOR Transition
The consultation will help the FCA decide on what legacy use to permit for non-representative benchmarks and how it will prohibit new use of critical benchmarks that are ceasing.
May 22, 2021 -
1.2KFeatured ArticlesLIBOR Transition: Derivatives Market Has Clarity: ISDA
The FCA’s recent announcement has provided clarity on the future of all LIBOR settings. But, derivatives market participants still have work to do.
March 11, 2021 -
639Feature
BOJ, FSA Urge FIs to Push Forward LIBOR Transition
The regulators say the transition must continue without reliance on a potential synthetic JPY LIBOR, which would be restricted to tough legacy contracts even if published.
March 10, 2021
