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Consultation Interest Rates

A&O Shearman

FOS consults on interest rates for compensation awards

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The Financial Ombudsman Service (FOS) has published a consultation paper seeking views on the interest rates applied to compensation awards. This follows concerns raised in response to a 2024 joint call for input with the UK...more

A&O Shearman

International Swaps and Derivatives Association Announces Results of LIBOR Fallbacks Consultation and New Pre-Cessation Fallbacks...

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The International Swaps and Derivatives Association has published the results of its consultation on fallbacks to be introduced into standard ISDA documentation based on alternative risk-free rates for EUR LIBOR and EURIBOR....more

Latham & Watkins LLP

Hong Kong Moves Closer to Interest Rate Benchmark Reform

Latham & Watkins LLP on

The TMA is now consulting on technical refinements to the HONIA, the proposed alternative reference rate to the HIBOR. Key Points: ..In July 2014, the FSB issued recommendations on reforming interest rate benchmarks,...more

A&O Shearman

European Central Bank Publishes Second Consultation on a New Euro Unsecured Overnight Rate

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The European Central Bank has published a second consultation paper on a new unsecured overnight interest rate for euro transactions. This second consultation follows the ECB's announcement in September 2017 of its intention...more

A&O Shearman

European Central Bank Consults on a New Unsecured Overnight Interest Rate

A&O Shearman on

The European Central Bank has launched a consultation on the high level features of a new unsecured overnight interest rate for euro transactions, following its announcement of its intention to develop a new interest rate...more

A&O Shearman

Bank of England Consults on Reform of Sterling Overnight Index Average Interest Rate Benchmark

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The Bank of England published a consultation paper on the Bank’s proposals to reform the Sterling Overnight Index Average Interest Rate Benchmark, known as SONIA. The Bank of England, which took over as administrator of SONIA...more

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