April 09, 2018
According to reports, the transition from LIBOR to an alternative reference rate should not subject legacy swap contracts to new European Market Infrastructure Regulation margin requirements.
News & Insights
- CLEAR ALL FILTERS
- Body of Law: Contracts
11 News Results
January 16, 2020
The Bank of England and the UK Financial Conduct Authority demanded "clear evidence" that firms are preparing for the 2020 market-wide transition from LIBOR.
January 27, 2020
The Financial Conduct Authority and ICE Benchmark Administration confirmed that the "reasonable period" during which LIBOR would continue to be published following an announcement that LIBOR is no longer representative would be minimal.
March 25, 2020
The Financial Conduct Authority, Bank of England and members of the Working Group on Sterling Risk-Free Reference Rates reaffirmed that firms should not rely on LIBOR being published after 2021, even with the impact of COVID-19 on markets.
May 04, 2020
The Financial Conduct Authority, the Bank of England and the Sterling Risk-Free Reference Rates Working Group stated that the COVID-19 pandemic will delay the scheduled transition from sterling LIBOR-linked loans.