Find out how IBOR transition has a wide-reaching impact including business processes, functions, technology and multiple asset classes. Author: Eveline Hunziker
Moving to a new Alternative Reference Rate (ARR) requires market liquidity, new legal contract terms and general acceptance of the new state of affairs in the relevant market from buy- and sell- side firms. Therefore, it is likely that all current Interbank Offered Rates (IBOR) will not transition at the same time for all products … More (L)IBOR Transition – Is there a Swiss Average Rate Overnight (SARON) market at the moment?
The Swiss Average Rate Overnight (SARON) has been selected as the Alternative Reference Rate (ARR) in Switzerland. What was the rationale behind the selection and what future challenges should be considered? Author: Simon Woods
On 28 September 2018, the Swiss parliament approved the final draft of the Federal Act on Tax Reform and AHV Financing (TRAF), formerly referred to as Tax Proposal 17.
While ARRs are intended to replace the IBORs in their respective jurisdictions, there are some fundamental differences between ARRs and IBORs. Understanding these structural differences is important for successful IBOR transition planning. Author: Kelly Ching