Fallback and SWIFT: Difference between pages

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imported>Doug Williamson
m (Add link to Reference rate page.)
 
imported>Doug Williamson
(Link with Category 3 messages page.)
 
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1. ''Interest rates - reference rates''.
Society for Worldwide Interbank Financial Telecommunications.
 
A 'fallback' is a specified alternative reference interest rate, for use in the event that the originally envisaged reference rate is unavailable.
 
"Whilst fallbacks are contained in existing documentation should a reference rate become (temporarily) unavailable, these were not drafted as a long-term solution [to the permanent retirement of LIBOR]."
 
''ACT Briefing Note, Transition to risk free rate benchmarks.''
 
 
2.
 
Similar arrangements in other contexts.




== See also ==
== See also ==
* [[Alternate Base Rate]]
* [[ISO currency codes]]
* [[Benchmark]]
* [[AUD]]
* [[LIBOR]]
* [[Business identifier code]]
* [[Reference rate]]
* [[CAD]]
* [[Risk-free rates]]
* [[Category 3 messages]]
* [[EUR]]
* [[GBP]]
* [[HKD]]
* [[JPY]]
* [[Member-administered closed user group]]
* [[MT940]]
* [[Society for Worldwide Interbank Financial Telecommunications]]
* [[Standardised corporate environment]]
* [[SWIFTNet]]
* [[Treasury counterparty]]
* [[USD]]
* [[CertICM]]




===Other links===
===Other links===
[http://www.treasurers.org/node/5006 Bank connectivity with SWIFT, Will Spinney, ACT 2009]


[http://www.fca.org.uk/news/speeches/interest-rate-benchmark-reform-transition-world-without-libor A World without Libor - FCA speech - July 2018]
[[Media:Apr15TTtreasuryinsider17.pdf| Implementing SWIFT, The Treasurer, April 2015]]
 
[[Media:ACT LMA Future of LIBOR Guide 0318.pdf| The future of LIBOR: what you need to know, ACT & LMA, March 2018]]
 
[[Media:Slaughter and May interest rate benchmarks.pdf| 2021: A Benchmark Odyssey, Practical Guidance for Treasurers on interest rate benchmarks, Slaughter and May]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]

Revision as of 11:26, 13 March 2017

Society for Worldwide Interbank Financial Telecommunications.


See also


Other links

Bank connectivity with SWIFT, Will Spinney, ACT 2009

Implementing SWIFT, The Treasurer, April 2015

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