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James von Moltke appointed chair of Euro risk-free rates working group
02 July 2021 Euro area
Reporter: Bob Currie

ESMA says that Deutsche Bank’s von Moltke will take over from ING’s Tanate Phutrakul in leading the EUR RFR group

Capco welcomes FCA’s aid for post-LIBOR transition
17 June 2021 UK
Reporter: Maddie Saghir

Capco's Dave Grace suggests at present the market is simply not going to be able to address all the relevant complexities prior to the scheduled transition from Sterling LIBOR for all products and client types at the end of 2021

LSE’s Michael Findlay to chair FCA markets panel
15 June 2021 UK
Reporter: Alex Pugh

The UK regulator’s Markets Practitioner Panel provides external and independent input to the FCA from the point of view of financial market participants

IHS Markit begins publishing daily Credit Inclusive Term Rate
01 June 2021 US
Reporter: Maddie Saghir

IHS Markit is publishing a series of forward-looking dynamic term rates that measure the daily US Dollar cost of funding in institutional markets

Don’t risk progress made with LIBOR, says BoE governor
12 May 2021 UK
Reporter: Becky Bellamy

In March, the FCA confirmed that all LIBOR settings will either cease to be provided by any administrator or no longer be representative immediately after 31 December 2021

Concerns remain as LIBOR deadline nears
08 April 2021 UK
Reporter: Maddie Saghir

Concerns around the amount of work yet to be carried out with regards to the LIBOR transition still remain, as indicated by Tal Reback, principal at KKR

Fed provides examiner guidance for LIBOR transition plans
10 March 2021 US
Reporter: Maddie Saghir

In its letter, the Fed encourages its supervised firms to cease entering into such contracts as soon as practicable

FCA reveals the dates for cease of LIBOR settings
05 March 2021 UK
Reporter: Maddie Saghir

The FCA highlights that representative LIBOR rates will not be available beyond the dates set out, and publication of most of the LIBOR settings will cease immediately after these dates

Delta Capita deploy Luminance’s AI platform
29 January 2021 UK
Reporter: Natalie Turner

Delta Capita is using Luminance’s artificial intelligence technology to assist with LIBOR transition reviews

FCA confirms 85% of uncleared UK derivatives market are ready for LIBOR transition
27 January 2021 UK
Reporter: Becky Bellamy

The FCA’s Edwin Schooling Latter says the success of this protocol means “a major reduction in risk faced by the 12,000 plus firms who have already signed, and for the system as a whole”

TriOptima completes first triReduce benchmark conversion at Japan Securities Clearing Corporation
21 December 2020 Japan
Reporter: Maddie Saghir

TriOptima has completed the first triReduce enhanced compression Japanese yen cycle

ICE Benchmark Administration consults on LIBOR phase-out
19 November 2020 UK
Reporter: Maddie Saghir

ICE Benchmark Administration is set to consult on its intention to cease the euro, sterling, Swiss franc and yen London Inter-bank Offered Rate (LIBOR) panels at the end of 2021