Two days of volatility in SOFR, the main contender to replace Libor, has cast doubt on its suitability as a new benchmark rate for corporate financial activity
Financial firms can’t seem to come to an agreement on the unofficial “pre-cessation” trigger that will signal the beginning of the end for Libor. Meanwhile, SOFR faces some controversy.
Compliance work related to derivatives will reduce under revised European regulations but get your early reporting in to qualify for exemptions and avoid unnecessary queries later
Corporate treasurers dealing with Chinese privately-owned companies should buckle up, as corporate defaults in the country are expected to hit record highs this year
Steady pickup in money markets using the Secured Overnight Financing Rate is helping financial industry participants formulate fallback language for existing financial products that use Libor.
India’s notorious ‘promoters’ – the local name for company owners – once made little distinction between their firm’s money and their own. A new law aims to put an end to all of that, but will it work? CT investigates
After a two-year suspension, China’s forex authority outlined last week it would make it easier for foreign companies to implement cross-border liquidity and payment structures once more
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