ABA supports FASB action to aid Libor transition for derivatives markets
ABA this week wrote to the Financial Accounting Standards Board in support of a deferral of the sunset date for ...
ABA this week wrote to the Financial Accounting Standards Board in support of a deferral of the sunset date for ...
To help accelerate the growth of Secured Overnight Financing Rate options trading, CME Group today announced a new “SOFR First ...
For many smaller banks, having a credit-sensitive component that reflects their cost of borrowing is critical. They need a rate ...
While financial services firms are “largely on track” for a successful transition away from Libor, half of them are still ...
The Senate late Thursday night passed an omnibus spending package that included a bipartisan, American Bankers Association-backed bill to address ...
The House today approved an omnibus appropriations package that includes several banking-related provisions, including ABA-backed legislation that would address “tough ...
A bipartisan, ABA-advocated bill to address “tough legacy” Libor contracts is included in the omnibus spending bill that Congress is ...
With two tenors of U.S. dollar Libor no longer being published the remainder set to cease by June 30, 2023, ...
In a Barron’s op-ed today, Tom Wipf, chairman of the Alternative Reference Rates Committee, emphasized the need for legislation to ...
Shortly before the cessation of two U.S. dollar Libor tenors on Dec. 31, the IRS last week issued final regulations ...
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