While there are many challenges associated with the prospective LIBOR transition at the end of 2021, one of the most daunting challenges has to be the impact of the prospective transition on outstanding financings and other...more
1/21/2020
/ Alternative Reference Rates Committee (ARRC) ,
Financial Institutions ,
Financial Instruments ,
Interest Rates ,
Legacy Contracts ,
Libor ,
Regulatory Oversight ,
Regulatory Standards ,
Remediation ,
Risk Assessment ,
Transitional Arrangements ,
Triggering Event
On March 18, the extended comment period ended for the Standardized Approach for Calculating the Exposure Amount of Derivative Contracts (“SA-CCR”) rule (the “Proposed Rule”) proposed by the Federal Reserve Board (“Board”),...more
Presenters at the Benchmark Rates Forum from KPMG, Bank of America Merrill Lynch, NatWest Markets, Wells Fargo, JP Morgan, TD Securities, RBS, Santander, Société Générale, UBS, the Federal Home Loan Bank of New York, the...more
In recent years, the U.S. Commodity Futures Trading Commission (CFTC) has devoted significant resources to addressing how the requirements of the Commodity Exchange Act (CEA) and the regulations thereunder apply to...more
2/28/2019
/ Bitcoin ,
CFTC ,
Commodities ,
Commodity Exchange Act (CEA) ,
Cryptocurrency ,
Derivatives ,
Distributed Ledger Technology (DLT) ,
Ether ,
Liability ,
Regulatory Oversight ,
Regulatory Standards ,
Smart Contracts ,
Virtual Currency