Items tagged with "SOFR"

FASB seeks LIBOR relief extension

The US Financial Accounting Standards Board (FASB) has issued a proposed accounting standards update that would extend its reference rate reform relief guidance by a further two years.

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Gary Gensler on LIBOR and the emperor’s new clothes

We enjoyed some remarks this week by Gary Gensler, Chair of the US Securities and Exchange Commission – perhaps offering the ‘naked truth’ about LIBOR transition risks.

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