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Showing 31 to 40 of 81 search results for exposure to US dollar LIBOR.
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FCA confirms rules for legacy use of synthetic LIBOR rates and no new use of US dollar LIBOR
FCA confirms it will allow temporary use of ‘synthetic’ sterling and yen LIBOR rates in all legacy LIBOR contracts, other than cleared derivatives, that have not been changed at or ahead of end-2021 -
Further arrangements for the orderly wind-down of LIBOR at end-2021
The sterling, Japanese yen, Swiss franc and euro LIBOR panels are ceasing on 31 December 2021 -
FCA response to IBA’s proposed consultation on intention to cease US$ LIBOR
ICE Benchmark Administration (IBA), the FCA-regulated and authorised administrator of LIBOR, has announced that it will consult in early December on its intention to cease US$ LIBOR. The FCA welcomes and supports the proposal to consult on a clear -
FS23/2: Decisions on US dollar LIBOR: Feedback to CP22/21 [pdf]
FS23/2: Decisions on US dollar LIBOR: Feedback to CP22/21. -
CP22/21: Consultation on ‘synthetic’ US dollar LIBOR and feedback to CP22/11 [pdf]
CP22/21: Consultation on ‘synthetic’ US dollar LIBOR and feedback to CP22/11. -
Announcements on the end of LIBOR
The FCA has announced the dates that panel bank submissions for all LIBOR settings will cease, after which representative LIBOR rates will no longer be available. -
Changes to LIBOR as of end-2021
Publication of 24 LIBOR settings has ended, and the 6 most widely used sterling and Japanese yen settings will be published using a changed methodology. -
FCA statement on LIBOR panels
The Financial Conduct Authority (FCA) has confirmed that all 20 of the panel banks have agreed to support the LIBOR benchmark ensuring the sustainability of the rate until 2021. -
Further consultation and announcements on the wind-down of LIBOR
We are proposing to require LIBOR’s administrator, IBA, to continue to publish the 1-, 3- and 6-month US dollar LIBOR settings under an unrepresentative ‘synthetic’ methodology until end-September 2024. After this, publication would cease -
FCA issues final messages on LIBOR before end-2021
Final LIBOR publications before end-2021 deadline and remaining actions firms need to take.