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IOSCO issues Second Review of Implementation of Principles by IBOR Administrators

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IOSCO/MR/03/2016 Madrid, 26 February 2016 The International Organization of Securities Commissions today published its report on the Second Review of the Implementation of IOSCO's Principles for Financial Benchmarks by Administrators of EURIBOR, LIBOR and TIBOR. The report sets out the findings of the second review of the implementation of IOSCO's Principles for Financial Benchmarks by the administrators of the benchmarks collectively known as the IBORs: the Euro Inter-Bank Offer Rate (EURIBOR); the London Inter-Bank Offer Rate (LIBOR); and the Tokyo Inter-Bank Offer Rate (TIBOR). It was prepared by a Review Team, constituting members of the IOSCO Board-level Task Force on Financial Market Benchmarks and the IOSCO Assessment Committee.

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