From ACT Wiki
Revision as of 19:53, 1 December 2018 by Doug Williamson (Create page. Source: ACT Briefing Note, Transition to Risk Free Rate Benchmarks, October 2018.)
1. Interest rate benchmark reform.
Re-papering is creating replacement documentation for existing interest rate related contracts.
- "Accounting considerations - eg loss of hedge effectiveness under IFRS9 if existing contracts lose their hedge designation by being 're-papered' with a resulting impact on P&L and ultimately share values."
- ACT Briefing Note, Transition to risk free rate benchmarks
Similar activity in other contexts.