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12 Feb 2021, 8:50 pm by Albert Weatherill (UK)
In the call for views on interbank payments the PSR is keen to understand whether the protections currently in place are sufficient. [read post]
Following up on our past posts on the transition away from the London Interbank Offering Rate (“LIBOR”), and interbank offering rates (“IBOR”) denominated in other currencies, in this post, we discuss the agreement reached by the members of the Alternative Reference Rates Committee (“ARRC”) on a spread adjustment methodology for cash products referencing U.S. dollar (USD). [read post]
25 Sep 2008, 2:25 pm
The China Banking Regulatory Commission (CBRC) has denied a report that it instructed local banks to halt interbank lending to U.S. banks. [read post]
4 Jan 2018, 9:02 am by Imogen Garner and Mark Chalmers
The other two benchmarks on the list are the Euro Interbank Offered Rate and the Euro Overnight Index Average. [read post]
27 Nov 2017, 8:45 am by Imogen Garner and Mark Chalmers
The FCA has published a statement on the panel banks for the London Interbank Offered Rate (LIBOR) benchmark. [read post]
1 Aug 2017, 1:04 pm by Hunton & Williams LLP
Recently, it was reported that the UK Financial Conduct Authority will discontinue the London interbank offered rate (“LIBOR”), at the end of 2021. [read post]
10 Apr 2013, 4:00 am by Nietzer
New York Times | 2013 Judge Naomi Reice Buchwald of Federal District Court in Manhattan, in a 161-page decision, has given the multinational banks being investigated for manipulating the London interbank offered rate, or Libor, a dose of good news for once. [read post]
1 Aug 2017, 1:04 pm by Hunton & Williams LLP
Recently, it was reported that the UK Financial Conduct Authority will discontinue the London interbank offered rate (“LIBOR”), at the end of 2021. [read post]
30 Sep 2013, 1:35 pm by Editorial Board
The FCA has fined broker ICAP Europe Ltd £14 million for misconduct regarding the London Interbank Offered Rate (LIBOR), according to the final notice published by the FCA on September 25. [read post]
22 Oct 2009, 10:05 pm
Despite being contractually obligated to charge the interbank rate at the precise time of the trade, State Street consistently charged at or near the highest rate of the day, even if the interbank rate was lower at the time of trade. [read post]
16 Jul 2018, 2:24 pm by Shaun Malone
However, the lack of underlying transactions in the term interbank and wholesale unsecured funding markets could make IBORs susceptible to manipulation. [read post]
16 Apr 2018, 4:33 am by Matthew Gregory
On 12 April 2018, ICE Benchmark Administration issued a consultation paper on a revised version of the London Interbank Offered Rate (LIBOR) code of conduct. [read post]
27 Jun 2022, 9:35 am by Hannah Meakin (UK)
On 24 June 2022, there was published in the Official Journal of the EU (OJ): Commission Implementing Decision (EU) 2022/984 of 22 June 2022 on the equivalence of the regulatory framework of the People’s Republic of China for central counterparties (CCPs) that are authorised to clear OTC derivatives in the interbank market and supervised by the People’s Bank of China to the requirements of Regulation (EU) No 648/2012 of the European Parliament and of the Council. [read post]
18 Oct 2011, 5:39 am by pittlegalscholarship
Columbia Kathryn Judge (Columbia Law) presents “A Look at Interbank Market Discipline. [read post]
29 Oct 2017, 8:08 am
The London Interbank Offered Rate (LIBOR) is intended to reflect the average rate at which banks can borrow in the unsecured market. [read post]
Following up on our past posts on the transition away from the London Interbank Offering Rate (“LIBOR”), and other interbank offering rates (“IBOR”) denominated in other currencies, we discuss the proposal from the Alternative Reference Rates Committee (“ARRC”) for New York legislation, which was published on March 6, 2020. [read post]
31 May 2013, 9:32 am by Sheppard Mullin
By Evan Sypek The London Interbank Offered Rate (Libor) is calculated daily by the British Banking Association (BBA) and published by Thomson Reuters. [read post]