Thomas Thorn - Latest - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T07:26:46+00:00Reforming Financial Benchmarks: An International Perspective
https://www.bankofcanada.ca/wp-content/uploads/2014/06/fsr-june2014-thorn.pdf
Thomas Thorn and Harri Vikstedt examine the efforts being taken internationally and in Canada to enhance the governance and integrity of financial benchmarks. The report provides an overview of how interbank interest rate benchmarks are set and describes the weaknesses in the process that were exposed by the financial crisis. It also explains recent policy developments designed to make global and Canadian interbank benchmarks more robust.2014-06-12T10:30:44+00:00enReforming Financial Benchmarks: An International Perspective2014-06-12