Term versions of RFRs will work – FCA official

Schooling-Latter backs plan to build curve from swaps and futures; others have doubts

Edwin Schooling-Latter, FCA
Risk.net montage

It will be possible to create a term version of new overnight risk-free rates, while still complying with rules on the reliability of benchmarks, according to Edwin Schooling-Latter, head of markets policy at the UK’s Financial Conduct Authority (FCA).

“It’s absolutely possible. We don’t need to weaken the regulatory framework to make that happen,” he told attendees at an industry conference in London this morning.

The question arises because market participants are being pressed to move

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here