Context of treasury and ICE LIBOR: Difference between pages

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==The business context==
The Administrator of the benchmark interest rate [[LIBOR]] - in the course of being wound down - is ICE Benchmark Administration Limited (IBA) [[https://www.theice.com/iba.jhtml]].


Treasury should hold a pivotal position within the organisation to add most value and must have a detailed understanding of the business. External events that may impact on the business should be identified, solutions recommended (which may not be purely treasury) and communicated in a timely manner.
IBA was the successor to BBA LIBOR Limited that is now called BBA Trent Ltd.


==Accounting, tax and regulation==


Accounting rules, tax and other legislation or regulation may affect the financial markets accessed by the organisation, the activities undertaken by treasury and how such activities are reported. Regulatory requirements can change frequently so keeping up to date is key.
Also known as LIBOR, sometimes libor, the benchmark interest rate is formally known as ICE LIBOR (formerly BBA LIBOR).


[[Category:Context of treasury]]


[[Category:Technical_skills]]
== See also ==
* [[BBA]]
* [[Benchmark]]
* [[ICE Benchmark Administration]]  (IBA)
* [[LIBOR]]
 
[[Category:Corporate_financial_management]]
[[Category:Financial_risk_management]]
[[Category:Treasury_operations]]

Revision as of 14:02, 27 April 2022

The Administrator of the benchmark interest rate LIBOR - in the course of being wound down - is ICE Benchmark Administration Limited (IBA) [[1]].

IBA was the successor to BBA LIBOR Limited that is now called BBA Trent Ltd.


Also known as LIBOR, sometimes libor, the benchmark interest rate is formally known as ICE LIBOR (formerly BBA LIBOR).


See also