EIOPA publishes today the discussion paper on IBOR transitions. Following the EU Benchmark Regulation (EU BMR), this Discussion Paper addresses for the first time the subject of the ongoing changes to the new benchmark rates (or IBOR transitions). The focus of this paper is to address issues identified within the EIOPA Risk free rate (RFR) environment.
Stakeholders are invited to provide EIOPA with their feedback by Thursday the 30th of April 2020.
Based on this feedback, EIOPA will produce a consultation paper, which will include specific policy recommendations on the subject of IBOR transitions.