On April 3, 2018, the Federal Reserve Bank of New York (FRBNY) will begin publishing three reference rates based on overnight repurchase agreement (repo) transactions collateralized by U.S. Treasury securities: the Secured...more
Plans to end the long reign of the London Interbank Offered Rate (LIBOR) as one of the world's most often-used interest rate benchmarks have recently been confirmed by several top financial regulators. On July 27, 2017,...more
8/16/2017
/ Alternative Methods ,
Banking Sector ,
Benchmarks ,
CFTC ,
Derivatives ,
EU ,
Financial Conduct Authority (FCA) ,
FSOC ,
Interest Rates ,
ISDA ,
Libor ,
Loans ,
Swaps ,
UK
On February 23, 2017, U.S. federal banking regulators (Prudential Regulators), European regulators and the International Organization of Securities Commissions (IOSCO) issued statements clarifying their expectations on...more
2/27/2017
/ CFTC ,
Deadlines ,
EU ,
European Supervisory Authorities (ESAs) ,
Federal Bank Regulatory Agencies ,
Financial Conduct Authority (FCA) ,
IOSCO ,
Margin Requirements ,
No-Action Relief ,
Prudential Regulation Authority (PRA) ,
Security-Based Swaps ,
Swaps ,
Time Extensions ,
UK ,
Uncleared Swaps ,
Variation Margin Requirements (VM)