ISDA Press Briefing: The End of Libor – What it Means for Derivatives Markets

On March 5, the UK Financial Conduct Authority announced the dates that all LIBOR settings will either cease or become non-representative. The announcement means market participants now have a clear timetable that will allow them to transition to alternative reference rates with greater certainty. It also means the fallback spread adjustments are now fixed for all euro, sterling, Swiss franc, US dollar and yen LIBOR settings. This virtual press briefing explores what the announcement means for derivatives markets.

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ISDA Response to FCA on Fund Tokenization

On November 21, ISDA responded to the Financial Conduct Authority’s (FCA) consultation paper CP25/28 on progressing fund tokenization. In the response, ISDA focuses on the use of tokenized assets as both cleared and non-cleared derivatives collateral. Tokenization presents a significant...