2017, the Cross-Industry Committee on Japanese Yen Interest Rate Benchmarks held a meeting to discuss and deliver feedback from a public consultation on interest rate benchmark reform. The committee called for an acceleration of efforts to switch to RFRs and said that a task force would be established to provide practical support for the creation of term reference rates.
Last month, the Cross-Industry Committee on Japanese Yen Interest Rate Benchmarks held a meeting to discuss and deliver feedback from a public consultation on interest rate benchmark reform. The committee called for an acceleration of efforts to switch to RFRs and said that a task force would be established to provide practical support for the creation of term reference rates.