ARRC Release Vendor Timeline, Best Practices to Support SOFR Transition
As part of its ongoing efforts to support the financial industry’s transition away from the London Interbank Offered Rate, the ...
Tag: Reference rates
ARRC Recommends Five-Year Lookback for Cash Product Spread Adjustment Methodology
The Alternative Reference Rates Committee today recommended a spread adjustment methodology for cash products referencing the London Interbank Offered Rate.
Draft Libor Transition Language Released for Variable-Rate Private Student Loans
The Alternative Reference Rates Committee today issued a consultation on draft fallback language for variable-rate private student loans that reference ...
Time to Test: Surveying Post-Libor Options for Banks
Bankers have a menu of potential alternative reference rates, each of which requires attention to understand.
N.Y. Fed: SOFR Averages, Index to Be Published Starting in March
The Federal Reserve Bank of New York today published its final calculation methodology for determining the daily compounded averages of ...
ARRC Seeks Feedback on Spread Adjustment Methodologies for Libor Transition
To help minimize any expected changes in the value of financial contracts that might result from a sudden reference rate ...
Innovation and Choice in the Post-Libor Landscape
The impending demise of Libor is not a liability—it’s an opportunity.
McHenry Presses Fed for a Briefing on Libor Transition
House Financial Services Committee Ranking Member Patrick McHenry (R-N.C.) wrote to Federal Reserve Vice Chairman for Supervision Randal Quarles last ...
FSB: Banks Need to Move Now on Post-Libor Plans
Financial firms that have not started their work to transition from the London Interbank Offered Rate and making fallback plans ...
Fintech, Stablecoins, Cross-Border Payments on FSB’s 2020 Agenda
Next year, the FSB expects to tackle fintech developments worldwide, including the growing role of big tech firms in finance; ...
