May 12, 2023
Commentary by Nihal Patel
The SEC Division of Examinations highlighted findings from its assessment of investment advisers’ preparedness for the cessation of LIBOR.
Commentary by Nihal Patel
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Commentary by Nihal Patel
May 11, 2023
The CFPB set a comment deadline of June 12, 2023 for an interim final rule amending Regulation Z ("Truth in Lending") to facilitate the transition from LIBOR.
May 01, 2023
The CFPB adopted an interim final rule to facilitate the transition from LIBOR and reflect the enactment of the Adjustable Interest Rate (LIBOR) Act and related Federal Reserve Board actions.
April 27, 2023
Bank regulators reminded firms that USD LIBOR will cease on June 30, 2023, and that firms should act quickly to complete transition efforts.
April 21, 2023
The Alternative Reference Rates Committee updated its recommendations on permissible usage of Term SOFR.