The Japanese Bankers Association, the organisation responsible for the TIBOR benchmark, has announced various changes to the manner in which the benchmark is calculated: see here. The JBA is also considering various reforms, including the formation of an independent oversight committee to supervise the management and administration of TIBOR.
Tuesday, 9 July 2013
Japan: JBA announced TIBOR reforms
The Japanese Bankers Association, the organisation responsible for the TIBOR benchmark, has announced various changes to the manner in which the benchmark is calculated: see here. The JBA is also considering various reforms, including the formation of an independent oversight committee to supervise the management and administration of TIBOR.
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