Statement on IOSCO Compliance for Federal Reserve Bank of New York Administered Reference Rates
July 07, 2020
July 07, 2020
NEW YORK, July 7 -- The Federal Reserve Bank of New York issued the following statement announcing changes to the operating polices for conducting open market statement:
The Federal Reserve Bank of New York (New York Fed) updated its Statement of Compliance with the IOSCO Principles for Financial Benchmarks (the Principles). The statement is updated each year to reflect any changes that may have occurred, and this year also includes the 30-, 90- and 180- day SOFR Averages and SOFR I . . .
The Federal Reserve Bank of New York (New York Fed) updated its Statement of Compliance with the IOSCO Principles for Financial Benchmarks (the Principles). The statement is updated each year to reflect any changes that may have occurred, and this year also includes the 30-, 90- and 180- day SOFR Averages and SOFR I . . .