Bank regulators reminded firms that USD LIBOR will cease on June 30, 2023, and that firms should act quickly to complete transition efforts.
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The Federal Reserve Board adopted a final rule, Regulation ZZ, to implement the LIBOR Act and establish benchmark replacements for contracts that reference certain tenors of U.S. dollar LIBOR.
The Federal Reserve Board set an August 29, 2022 deadline for comments on proposed rules to establish benchmark replacements for contracts that reference certain tenors of U.S. dollar LIBOR.
The Federal Reserve Board proposed rules to implement the Adjustable Interest Rate Act. The proposed rules would establish benchmark replacements for contracts that reference certain tenors of U.S. dollar LIBOR.
The Federal Reserve issued "Supervision FAQs on the Transition away from LIBOR."