- Tytuł:
- A vicious circle of the benchmark reform
- Autorzy:
- Mielus, Piotr
- Powiązania:
- https://bibliotekanauki.pl/articles/1203971.pdf
- Data publikacji:
- 2017
- Wydawca:
- Bankowy Fundusz Gwarancyjny
- Tematy:
-
financial indices
benchmark regulation
money market - Opis:
- The Benchmark Regulation (BMR) imposes the necessity of the conversion of the quote-based financial indices to the transactional-based ones. The reform is a challenge for administrators of indices that perform feasibility studies of the conversion process. The article analyses pros and cons of various methods of the index reform indicating the optimal path of such activity as far as money market is concerned. A choice for a “parallel listing” path seems to be the safest one if one takes into account the legal and economic risks embedded in various transition models.
- Źródło:
-
Bezpieczny Bank; 2017, 4 (69); 109-130
1429-2939 - Pojawia się w:
- Bezpieczny Bank
- Dostawca treści:
- Biblioteka Nauki
Artykuł