Topic
LIBOR Transition
277 published works
Global Financial Regulatory Blog
SEC Puts LIBOR Transition Testing in Focus
In anticipation of LIBOR discontinuation, the SEC will begin examining transition progress. By Vicki E. Marmorstein, Jane Summers, Yvette D. Valdez, Stephen P. Wink, Douglas K. Yatter, and Deric Behar…
Global Financial Regulatory Blog
HM Treasury Announces Welcome Proposed Amendments to the UK Benchmarks Regulation
The proposals enhance the FCA’s powers to ensure an orderly wind-down of critical benchmarks and to deal with “tough legacy” contracts that cannot transition from LIBOR. By Nicola Higgs and…
Global Regulation Tomorrow
Planned amendments to the Benchmarks Regulation
On 23 June 2020, a written statement by the Chancellor of the Exchequer, Rishi Sunak, on financial services regulation explaining that the Government intends to legislate to amend and strengthen…
Free Writings + Perspectives
SEC’s OCIE to Begin LIBOR Preparedness Exams
By Leslie S. Cruz, J. Paul Forrester, Anna T. Pinedo
On June 18, 2020, the Office of Compliance, Inspections and Examinations of the US Securities and Exchange Commission announced in a risk alert that it will conduct examinations of SEC-registered…
Global Regulation Tomorrow
Webinar: LIBOR Transition: market update and managing key risks and challenges
By Hannah Meakin (UK), Davide Barzilai (UK)
Tuesday 14 July | 08:30H BST We invite you to join our interactive webinar during which we will discuss recent LIBOR transition updates from a loans, derivatives and regulatory perspective…
Compliance Building
SEC and LIBOR Transition
Early this year, the SEC’s Office of Compliance Inspections and Examinations announced its 2020 examination priorities. One item was “Risk, Technology, and Industry Trends.” One risk mentioned was LIBOR transition.…
Global Regulation Tomorrow
The LIBOR Transition — CFPB addresses elimination of LIBOR in consumer credit transactions
By Patrick Dolan (US), Kathleen Scott (US)
LIBOR is used as a component of an interest or finance charge in consumer transactions as well as the commercial transactions we have discussed in prior LIBOR Transition posts. On…
Global Regulation Tomorrow
FMSB publishes a Spotlight Review on navigating conduct risks in LIBOR transition
On 11 June 2020, the FICC Markets Standards Board (FMSB) published a Spotlight Review on LIBOR transition with practical case studies to support firms when considering the risks to fairness…
Finance & Bankruptcy Law Blog
CFPB Issues Proposed Amendment to Regulation Z and Guidance to Deal with LIBOR Transition
By Sherwin Root
On June 4 the Consumer Financial Protection Bureau (CFPB) issued proposals to address issues arising from the required transition away from the London Interbank Offered Rate (LIBOR) scheduled for the…
Consumer Finance Monitor
CFPB proposes Regulation Z changes to address discontinuation of LIBOR index; Ballard Spahr to hold July 14 webinar
The CFPB has proposed amendments to Regulation Z to address the discontinuation of the London Inter-Bank Offered Rate (LIBOR) that is currently used by many creditors as the index for…