July 31, 2023
The Financial Stability Oversight Council and the Financial Stability Board considered the "post-LIBOR transition landscape" and steps forward to ensure market resilience.
The Financial Stability Oversight Council and the Financial Stability Board considered the "post-LIBOR transition landscape" and steps forward to ensure market resilience.
The CFTC approved a "made-available-to-trade" determination for certain overnight index swaps referencing the Secured Overnight Financing Rate and Sterling Overnight Index Average.
IOSCO said that two "credit sensitive" alternatives to USD LIBOR should not be represented as being "IOSCO-compliant."
CFTC staff granted additional no-action relief from certain CFTC swap data reporting requirements relating to LIBOR transition.
The SEC Division of Examinations highlighted findings from its assessment of investment advisers’ preparedness for the cessation of LIBOR.