LIBOR resources

Find all news, statements, speeches and publications on LIBOR.

FCA news and statements

TitleDate
The end of LIBOROctober 2024
Remaining synthetic US dollar LIBOR settings – less than 1 month to goSeptember 2024
Remaining synthetic US dollar LIBOR settings – 3 months to goJune 2024
3-month synthetic sterling LIBOR – 1 month to goFebruary 2024

The US dollar LIBOR panel has now ceased

July 2023
US dollar LIBOR panel – 1 month to goMay 2023
Joint statement with the Bank of England and industry working group on LIBOR transitionApril 2023
FCA announces decision on synthetic US dollar LIBOR April 2023
Further consultation and announcements on the wind-down of LIBORNovember 2022
FCA announces decision on cessation of 1- and 6-month synthetic sterling LIBOR at end-March 2023September 2022
FCA encourages market participants to continue transition of LIBOR-linked bondsAugust 2022
Finalising LIBOR transition – achievements in sterling markets and what remains to be doneFebruary 2022
Changes to LIBOR as of end-2021January 2022
FCA issues final messages on LIBOR before end-2021December 2021
FCA confirms rules for legacy use of synthetic LIBOR rates and no new use of US dollar LIBORNovember 2021
Further arrangements for the orderly wind-down of LIBOR at end-2021September 2021
FCA and the Bank of England encourage market participants in a switch to RFRs in the LIBOR cross-currency swaps market from 21 SeptemberAugust 2021
FCA and Bank of England encourage market participants in a switch to SOFR in US dollar interest rate swap marketsJune 2021
FCA consults on proposed decision to require synthetic LIBOR for 6 sterling and Japanese yen settingsJune 2021
FCA consults on use of new powers to support orderly wind down of critical benchmarksMay 2021
FCA and Bank of England encourage market participants in a switch to SONIA in the sterling exchange traded derivatives marketMay 2021
FCA and Bank of England encourage market participants in a switch to SONIA in the sterling non-linear derivatives marketMarch 2021
Announcements on the end of LIBORMarch 2021
FCA announcement on future cessation and loss of representativeness of the LIBOR benchmarksMarch 2021
The final countdown: Completing sterling LIBOR transition by end-2021January 2021
FCA response to IBA’s proposed consultation on intention to cease US$ LIBORNovember 2020
FCA consults on new benchmarks powersNovember 2020
FCA welcomes Financial Services BillOctober 2020
FCA and Bank of England encourage market participants in further switch to SONIA in interest rate swap marketsSeptember 2020
FCA statement on planned amendments to the Benchmarks RegulationJune 2020
Benchmarks Regulation – proposed new powersJune 2020
Further statement from the RFRWG on the impact of Coronavirus on the timeline for firms’ LIBOR transition plansApril 2020
Impact of the coronavirus on firms’ LIBOR transition plansMarch 2020
LIBOR contractual triggersMarch 2020
Next steps for LIBOR transition in 2020: the time to act is nowJanuary 2020
Conduct risk during LIBOR transition: Question and answersNovember 2019
The Bank of England and FCA launch next phase of sterling LIBOR transition workNovember 2017
Panel banks agree to support LIBOR until end 2021November 2017
: Link added Update for June 2024