Alternative Reference News Today

A new rule removes the requirement to clear IBOR-based swaps and extends mandatory clearing to swaps on IBOR alternatives. On August 12, 2022, the US Commodity Futures...

August 12, 2022- The Securities and Exchange Commission approved the Public Company Accounting Oversight Board's updated standards for audits that involve multiple...

<p><span>In the fall of 2008, global financial markets reeled as evidence emerged indicating that market participants failed to effectively manage risks in the then-unregulated $400 trillion (notional) swaps market.  The Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) directed the Commodity Futures Trading Commission (Commission) to develop and implement formal rules, and bring the swaps market under the ambit of the Commission’s authorit...

<p><span>In November, the Commodity Futures Trading Commission (CFTC) published a <a data-linkindex="0" data-auth="NotApplicable" rel="noopener noreferrer" target="_blank" href="https://www.cftc.gov/PressRoom/PressReleases/8459-21">Request for Information and Comments on Swap Clearing Requirement Amendments to Account for the Transition from LIBOR and Other IBORs to Alternative Reference Rates</a>. In this request...

<p><span>The Global Association of Central Counterparties (“CCP12”) appreciates the opportunity to contribute to the request for information and comments by the Commodity Futures Trading Commission (“Commission” or “CFTC”) - </span><b>Swap Clearing Requirement To Account for the Transition From LIBOR and Other IBORs to Alternative Reference Rates </b><span>(RIN 3038–AF18)&l...

The ARRC sought to provide additional guidance to determine how ABS products could employ in-arrears payment structures.