Panellists at an FIA event discussed the legitimacy of the euro clearing shift requested by the European Commission, drawing parallels with sovereignty issues raised during the Brexit campaign
A series of documents and statements published by the Financial Stability Board, including an updated roadmap, are a timely reminder that the market should intensify transition efforts
The group will publish each rate across five tenors, joining Bloomberg and ICE Benchmark Administration in the race to provide credit-sensitive alternatives to USD Libor
Panellists at the IFLR European Capital Markets Forum 2021 spoke of challenges remaining between now and year-end, and of differences in transition progress across Libor currencies
The euro RFR working group’s advice on fallbacks for the euro interbank offered rate provide some welcome clarity, but has failed to resolve some key issues faced by market participants
