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Wuerffel: ICMA's Official Sector Panel with Nathaniel Wuerffel on Benchmark Reform and Transition to Risk-Free Rates

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PUBLISHED25/06/2020, 00:00:00
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ICMA's Official Sector Panel with Nathaniel Wuerffel on Benchmark Reform and Transition to Risk-Free Rates - FEDERAL RESERVE BANK of NEW YORK

Speech

ICMA's Official Sector Panel with Nathaniel Wuerffel on Benchmark Reform and Transition to Risk-Free Rates

June 25, 2020

Nathaniel Wuerffel , Senior Vice President

Recording

Panel with Nathaniel Wuerffel, Senior Vice President at the Federal Reserve Bank of New York, and the following individuals:

Edwin Schooling Latter, Director of Markets and Wholesale Policy, UK Financial Conduct Authority

Cornelia Holthausen, Deputy Director General, Directorate General Market Operations, European Central Bank

Roman Baumann, Head of Money Market, Swiss National Bank

Bertrand de Mazières, Director General, Finance, European Investment Bank.

This panel covered three main issues: first, progress on the transition to risk-free rates so far, despite the market impact of the coronavirus pandemic; second, remaining challenges to complete implementation of the transition in time, including legacy issues; and third, the importance of international coordination, how this works and what it involves.

Transition to Risk-Free Rates: Official Sector Panel

(Recording)

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