Regulatory Responses



LCH LTD CFTC 39.5(b) Submission - FX Forwards
23 May 2019

Benchmark Reform

In the face of concerns about the reliability of major financial market benchmarks, a global reform programme is underway. For interest rate benchmarks, the focus has been on strengthening existing IBORs while also identifying alternatives and promoting their adoption. Work has been organised along currency lines, and industry-wide progress is being driven by working groups established by national central banks and modelled as public-private partnerships. For ease of navigation, we have followed this currency-based approach in the lay-out of these resources. Please click on the buttons below for further detail.