Pressure is building for market participants to abandon Libor in favour of Risk Free Rates, but data suggest the transition isn’t proceeding as smoothly or as quickly as hoped. Is this the case and what needs to be done to get things moving quicker? Profit & Loss Dial-In Day Frankfurt featured an interview with the European Central Bank’s Vladimir Tsonchev, Money Market and Liquidity Division, DG Market Operations, and David Clark, chairman of the European Ventures & Intermediaries Association (EVIA).
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