The Bank of Thailand invites market participants to
provide your opinions to the consultation paper on Adjusted THBFIX in
the event of LIBOR cessation.
The steering committee on commercial banks’
preparedness on LIBOR discontinuation is consulting participants in
the Thai financial markets, especially those potentially affected by the LIBOR
cessation through its linkage to THBFIX-based products. The consultation
focuses on the Adjusted THBFIX methodology in the case of LIBOR cessation, focusing in particular on derivatives products, and
will remain open on the Bank of Thailand’s website until 27 March 2020. Please
provide feedbacks via the form on the BOT website and email your responses to FMD-standards@bot.or.th by 27 March 2020, clearly indicating that you are submitting a
response in the subject line of your email. The deadline will not be
extended.