News
LIBOR’s End is a New Beginning for Data Management
The replacement of the long-standing LIBOR benchmark will give corporate treasurers and their data team major headache. LIBOR has been part of valuation, pricing, and
BoE Governor Warns of Risking Progress
The Bank of England Governor, Andrew Bailey, expressed worries that those who try to look for an easy descent by substitution LIBOR for credit sensitive
Industry Faces Transition Challenges
From April 1 onwards, sterling LIBOR cannot be sued in any new lending or other cash products that mature after the end of 2021 when
ARRC Suggests USD LIBOR Fallback Formula
Only a fraction of the USD 27 trillion in derivatives pegged to the ten LIBOR have been switched to RFR with around nine months left
US-EU Joint Financial Regulatory Forum
The US Treasury, staffs of the US regulatory agencies, and staffs from independent regulator, including: the Board of Governors of the Federal Reserve System, Commodity
ARRC Suggests USD LIBOR Fallback Formula
In the newly issued white paper, the ARRC detailed a suggested fallback formula from the USD LIBOR ICE Swap Rate to a spread-adjusted SOFR Swap
