Regulatory Alerts2021-07-08
Added · Updated
Reform of interest rate benchmarks
The Hong Kong Monetary Authority issued this circular to guide authorized institutions on the transition away from the London Interbank Offered Rate. The document highlights the global regulatory consensus to replace LIBOR with alternative risk-free reference rates. It provides specific instructions and resources for managing the associated risks in treasury operations and financial contracts.
CIR
Current
Issue Date:
08 Jul 2021
20210708-1-EN.pdf (150.1 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Superseded Document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
08 Jul 2021
Enclosure - LIBOR cover note for corporate treasurers
CIR
Current
10 Jul 2020
Reform of interest rate benchmarks
Annex
Current
08 Jul 2021
Enclosure - LIBOR cover note for corporate treasurers
CIR
Current
10 Jul 2020
Reform of interest rate benchmarks
Version History
Superseded Document
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