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.
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In testimony before the House Financial Services Committee, Facebook CEO Mark Zuckerberg defended his company's proposed virtual currency, "Libra."
The U.S. District Court for the District of Maryland ruled that an insurance carrier should pay out on coverage it sold to a client whose computer system was damaged by a ransomware attack.
A CFTC final rule amending regulations governing derivatives clearing organizations was published in the Federal Register.
In a new policy statement, the CFPB clarified the Dodd-Frank Act "abusiveness standard" for supervision and enforcement.