ISDA has launched a supplemental consultation on the spread and term adjustments that would apply to fallbacks for derivatives referencing euro LIBOR and EURIBOR in the event those benchmarks are permanently discontinued. The consultation also covers technical issues related to the adjustment methodology, and seeks feedback on whether the adjustments would be appropriate for lesser-used interbank offered rates (IBORs) if ISDA implements fallbacks for those benchmarks in the future.
Supplemental Consultation on Spread and Term Adjustments, including Final Parameters thereof, for Fallbacks in Derivatives Referencing EUR LIBOR and EURIBOR, as well as other less widely used IBORs
The joint International Swaps and Derivatives Association, Inc. (ISDA) and Global Financial Markets Association (GFMA)... Read more Joint ISDA/GFMA Response to the LEI ROC Consultation - LEI Eligibility for General Government Entities
Its 10 years since my first blog post in December, 2009; Is there value in talking about GRC? remains a relevant question especially as so many vendors put a GRC label on their software. I’ve written about GRC 97 times since then. But, thankfully, most practitioners have moved on to focus on those elements of […]
Press release: Basel Committee invites comments on the design of a prudential treatment for crypto-assets, 12 December 2019.