Events listed in Benchmark Rate Reform
Article 23C Benchmarks Regulation – Draft Notice of Permitted Legacy Use by ...
ID 22639
Following its decision to continue the publication of the 1-, 3- and 6-month US dollar LIBOR settings on a synthetic basis beyond June 30, 2023 (please see EventID 20544 for more information), the Financial Conduct Authority (FCA) has issued a Draft Notice to permit the continuous use of these LIBOR tenors up to September 30, 2024 which is the effective proposed maintenance period of ...
WIRON has become interest rate index
ID 21855
The Polish Financial Supervision Authority (KNF) has issued a press release to inform that a number of investment funds have introduced WIRON, the Warsaw Interest Rate Overnight Index, as a component in their calculation of performance fees. The KNF has approved corresponding changes to the funds‘ statutes. „Banks may also apply the WIRON benchmark to determine interest rate on consumer loans or mortgage loans“, ...