ISDA Announce Launch Date and Effective Date for IBOR Supplement and Protocol
Following the DOJ’s favourable business review letter published on October 1, 2020 (as discussed in our earlier blog post), on October 9, 2020 ISDA released a statement from its Board of Directors in relation to the IBOR Fallbacks Supplement and Protocol. In it, they state that they have kept the Australian, Canadian, EU and other competition authorities fully informed of the issues covered in the DOJ’s letter, and that they do not anticipate any…