Synthetic LIBOR: What It Means for LIBOR Transition
In November, the UK’s Financial Conduct Authority (“FCA”) announced that it was consulting on its intention to compel the ICE Benchmark Administration (“IBA”) to publish…
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Implementing the LIBOR Act
Last week, the LSTA submitted a comment letter responding to the Federal Reserve’s (“Fed”) Notice of Proposed Rulemaking (“NPR”) on the implementation of the LIBOR…
FCA Consults on Synthetic LIBOR and Prohibition on New Use of USD LIBOR
By Tess Virmani. On September 29th, the Financial Conduct Authority (FCA) announced that it will compel IBA to publish the 1-, 3- and 6-month sterling…
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