Tag: Libor Reform

FSB Reiterates Libor Reform Path

The Financial Stability Board (FSB) has reiterated its desire to see markets transit from Ibors to risk-free rates as a critical benchmark, in spite of the Covid-19 pandemic. FSB says it has discussed the impact of the disease on benchmark transition and while its Official Sector Steering Group says it recognises that some aspects of […]

In the FICC of It

On this week’s podcast Colin Lambert casts his eye over the week’s news, before he is joined by Matthew Kulkin, partner at US law firm Steptoe, and former director of the CFTC’s Division of Swap Dealer and Intermediary Oversight, to discuss all matters regulatory. Lambert is pleased to find out that one of his observations […]

Survey Highlights Lack of Progress in Renegotiation of Libor-Based Contracts

Just 11% of derivatives users from across the private equity, real estate and infrastructure sectors believe that their Libor-referencing contracts contain provisions that are appropriate for the benchmark’s permanent discontinuation, according to a survey from JCRA, an independent financial risk advisory, at an event it hosted alongside global law firm, Norton Rose Fulbright. The firm says that […]