Regulatory Alerts2020-04-23
Added · Updated
Reform of interest rate benchmarks
The Hong Kong Monetary Authority issued this Circular on 23 April 2020 to update authorized institutions on the latest developments in interest rate benchmark reform. The document serves as an annex to the survey results for Q4 2019 regarding the transition to alternative reference rates. It provides regulatory guidance to ensure the orderly transition away from legacy benchmarks within the treasury market.
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