Topic
LIBOR Transition
277 published works
Derivatives & Repo Report
DR2 Podcast Episode #2: LIBOR Reform Extension, CFTC Rule 4.5 and FINRA Rule 4210
By Perkins Coie
In this episode, Todd Zerega and Andrew Cross discuss three timely topics: 1) Recent market developments that may result in an effective 18-month deferral of the transition from LIBOR to…
Crunched Credit
LIBOR: They Blinked!
By Rick Jones, Crunched Credit
My, my, my! Another governmental red line looks to be breached; at least this time no one gets hurt. We, at CrunchedCredit, have in some sense been carrying the government’s…
Corporate & Financial Weekly Digest
More USD LIBOR Transition Developments
The Alternate Reference Rates Committee (ARRC), convened under the auspices of the Federal Reserve Bank of New York, has published a “Guide on the Endgame for USDA LIBOR” that encompasses…
Global Regulation Tomorrow
The LIBOR Transition – Extension of Certain LIBOR Tenors After 2021
By Patrick Dolan (US), Kathleen Scott (US), Mary Kate Fields (US)
The Intercontinental Exchange, Inc. (“ICE”) recently released a consultation that the administrator of LIBOR, ICE Benchmark Administration Limited (“IBA”), requesting feedback on a decision to cease publication of the overnight,…
Eye on IBOR Transition
A Brief Reprieve on LIBOR Cessation
By Bradley Berman, David K. Duffee, J. Paul Forrester, Arthur S. Rublin, Sagi Tamir, Adam C. Wolk
On November 30, 2020, ICE Benchmark Administration (“IBA”), the administrator of U.S. Dollar LIBOR (“USD LIBOR”) and other IBORs, lowered the pressure with respect to the upcoming cessation of USD…
Corporate & Financial Weekly Digest
Possible Life After 2021 for Some US Dollar LIBOR Tenors
On November 30, ICE Benchmark Administration Limited (IBA) announced that it will hold a consultation on its intention to (1) cease the publication of the one week and two month…
Consumer Finance Monitor
Federal banking agencies warn of safety and soundness risks in statement encouraging transition from LIBOR as soon as possible
On Monday, the FRB, FDIC, and OCC issued a “Statement on LIBOR Transition” that encourages banks to transition away from the London Inter-Bank Offered Rate (LIBOR) as soon as possible,…
Global Regulation Tomorrow
FCA response to IBA’s proposed consultation on intention to cease US$ LIBOR
On 30 November 2020, ICE Benchmark Administration (IBA), the FCA-regulated and authorised administrator of LIBOR, announced that it will consult in early December on its intention to cease US$ LIBOR.…
Eye on IBOR Transition
Expanding the Documentary Toolkit for Transition from LIBOR: The LMA’s Latest Volley of Documents for the Loan Markets
By Trevor Borthwick, Paul Tannenbaum, Aimee Sharman
On 23 November 2020, the LMA published various documents with the aim of assisting market participants looking to include active LIBOR transition mechanisms in their loan documentation. These documents are…
Global Regulation Tomorrow
An extended end-June 2023 cessation date for most USD LIBOR tenors? IBA announcement on consultation
By Davide Barzilai (UK), Colin Rice (SG), David Milligan (Hong Kong), Sophy Teng (SG)
Yesterday, the ICE Benchmark Administration (IBA) which compiles and oversees LIBOR, announced its impending consultation on what it is effectively a proposed extension of most (and the more widely used)…