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Financial Life after Libor

Kovács, Levente and Ildikó, Kajtor-Wieland and Vass, Péter (2021) Financial Life after Libor. ECONOMY AND FINANCE, 8 (2). pp. 164-192. ISSN 2415-9379 (print); 2677-1322 (online)

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Abstract

The introduction of the study outlines the need for a reference interest rate and introduces one of its most well-known type, the LIBOR (London Interbank Offered Rate) as well as attempts to manipulate it. After this, the paper assesses and provides an overview of the regulatory attempts aimed at reforming the index. In addition, the European and global regulatory environment is also discussed, as well as the tasks to be completed prior to regulation. Finally, recommendations are provided on the Hungarian reference interest rate framework and the establishment of a dedicated working group is also suggested.

Item Type: Article
Uncontrolled Keywords: reference interest rate, LIBOR, manipulation, reform
Subjects: H Social Sciences / társadalomtudományok > HG Finance / pénzügy
SWORD Depositor: MTMT SWORD
Depositing User: MTMT SWORD
Date Deposited: 26 Mar 2025 16:03
Last Modified: 26 Mar 2025 16:03
URI: https://real.mtak.hu/id/eprint/217242

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