Preparing for transition from LBOR to SOFR, Treasury Final Regulations adopting SOFR, and incorporating comment which recommended using the one-month term SOFR,
On June 30, 2023, the United States Department of the Treasury (“Treasury”) published Final Regulations as guidance on the transition from the use of the Interbank Offer Rate (IBOR) to.
RBI Deputy Governor T Rabi Sankar has talked about the reforms undertaken in financial benchmark administration in India as the country stands in the final stag