Differing European approaches may hamper Ibor transition

While sterling shifts to Sonia, efforts to save Euribor create euro multi-rate uncertainty

FCA/ECB
Risk.net montage

Regulators in the UK and eurozone have opposing visions for the end state of benchmark reform, creating a challenge for buy-side firms as they are urged to make concrete plans on how they will transition to new risk-free rates.

While the UK’s Financial Conduct Authority warns of Libor’s eventual death after 2021, when panel banks are no longer compelled to contribute to the rates, regulators and policy-makers across the eurozone believe a reformed Euribor rate could continue indefinitely

To continue reading...

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 indvidual account here: