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 |
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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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