Policy Resource

GFMA IBOR Transition Documents – March 2021 Update

30 March 2020 –

To aid in the awareness of the IBOR transition process impacting globally-active financial market participants, the Global Financial Markets Association (GFMA) has developed the following document outlining the various parts and players.  This version of the document has been updated from its previous June 2020 version to provide the latest information regarding transition objectives for major currencies, including the Australian dollar, Canadian dollar, Euro, Hong Kong dollar, Japanese yen, Singapore dollar, Swiss franc, UK pound sterling, and U.S. dollar.  As the final transition year moves forward you will find valuable reference links and insights presented in four sections:

  1. Key Timelines and Milestones for the Japanese yen, Euro, UK pound sterling, U.S. dollar, Swiss franc, Australian dollar, Canadian dollar, Hong Kong dollar and Singapore dollar;
  2. Reference links to Public Sector Objectives and Milestones for Completing the Transition in 2021;
  3. Snapshot of the IBOR and RFR Variables Associated with Each Major Currency;
  4. ‘At a Glance’ Tracker of Each Official Sector Working Group Activities and Near-Term Expected Actions.

Download PDF:

To aid in the awareness of the IBOR transition process impacting globally-active financial market participants, the Global Financial Markets Association (GFMA) has developed the following document outlining the various parts and players.  This version of the document has been updated from its previous June 2020 version to provide the latest information regarding transition objectives for major currencies, including the Australian dollar, Canadian dollar, Euro, Hong Kong dollar, Japanese yen, Singapore dollar, Swiss franc, UK pound sterling, and U.S. dollar.