This paper, although a departure from the Committee’s usual approach, is intended to survey the uncertainties in the context of LIBOR transition and the steps being taken by authorities around the world so as to draw attention to any residual issues.
In June 2017, the Bank of England’s Working Group on Sterling Risk-Free Reference Rates published a White Paper entitled SONIA as the RFR and approaches to adoption. The Working Group […]
On 18 September 2017, members of the Infrastructure Scoping Forum met for the third meeting of 2017. The meeting was chaired by Adam Eades of BATS Chi-X Europe. On the agenda […]
On 10 February 2017, members of the Quarterly Discussion Forum met for the first teleconference of 2017. The meeting was led by the Financial Markets Lawyers Group. On the agenda were […]
The FMLC responded to a consultation paper published by the Bank of England in October 2016 on the evolution of the SONIA benchmark. The Consultation Paper sets out proposals for […]