SOFR futures Archives - The Industry Spread

CFTC Chairman Gives Remarks at FSB Meeting on LIBOR Reform

April 16, 2019

Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo joined Randal K. Quarles, Chair of the Financial Stability Board (FSB) and Vice Chairman of Supervision, Board of Governors of the Federal Reserve System, UK Financial Conduct Authority CEO Andrew Bailey, and Deputy Governor Bank of England Sir David Ramsden for an FSB Roundtable discussion to highlight the need for continued progress to reform major interest rate benchmarks.

Progress on Benchmark Reform

April 12, 2019

Financial regulators around the world expect institutions using LIBOR to be ready to transition to more robust benchmarks reforms .

Progress on the Transition to Risk-Free Rates

April 11, 2019

The Financial Stability Board (FSB) has coordinated the international effort to reform interest rate benchmarks at the direction of the G-20. This is an important effort across the globe, but nowhere is it of more importance than in the jurisdictions relying on LIBOR.