Feb-18 LIBOR Replacement: Watchlist

In February, there were a few new developments on the LIBOR replacement/reform front:

The FASB proposed Accounting Standard Updates to allow SOFR to be used as a benchmark rate
The EMMI has decided to stop pursuing EONIA as a valid alternative rate
The Fed announced the publication of the proposed LIBOR alternative rate, SOFR, will begin on April 3, 2018.
The Fed's ARRC announced it will be reconstituted in 2018 to "more directly facilitate issues of legacy contract robustness and transition for cash products as well as derivatives."

We've updated our handy watchlist with all the latest: WATCHLIST: Replacing LIBOR.

About Principia Partners

Principia Partners LLC provides solutions for derivative and fixed income operations. Global financial institutions and independent asset managers have used the award-winning Principia Analytic System since 1995 to unify valuations, portfolio management, risk surveillance, hedge accounting and operational control across the breadth of fixed income and derivative products. In 2015, Principia launched its Analytic Service, pasVal, to make its award-winning pricing and analytics available to an even broader range of businesses.