2023-04-14

Added · Updated

Reform of interest rate benchmarks

The Hong Kong Monetary Authority issued this circular on 14 April 2023 to guide all authorized institutions on the transition away from the London Interbank Offered Rate. The document provides specific cover notes for corporate treasurers to manage the discontinuation of LIBOR benchmarks. It serves as a regulatory update ensuring financial institutions comply with the established timeline for interest rate benchmark reforms.

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Hong Kong Monetary Authority

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CIR

Current

Issue Date:

14 Apr 2023

20230414-1-EN.pdf (121.6 KB)

Topic:

Treasury market - Reform of interest rate benchmarks

Group:

All Authorized Institutions

Directly related Document

Cross referenced Document

Version History

Superseded Document

Directly related Document

Annex

Current

14 Apr 2023

Enclosure - LIBOR cover note for corporate treasurers

Annex

Current

14 Apr 2023

Enclosure - LIBOR cover note for corporate treasurers

Cross referenced Document

Version History

Superseded Document

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