Topic
LIBOR Transition
277 published works
The CLS Blue Sky Blog
Paul Weiss Discusses the Scheduled End of LIBOR
By Susanna M. Buergel, Jessica S. Carey, Manuel S. Frey, Brad S. Karp, Publisher, Jane O'Brien
Notwithstanding numerous COVID-19-related challenges faced by market participants, UK regulators have affirmed that—at least for now—the anticipated cessation of the London Interbank Offered Rate (“LIBOR”) at the end of calendar…
Global Regulation Tomorrow
Japanese Financial Services Agency and the Bank of Japan – Summary of Survey Results on the Use of LIBOR and Main Actions Needed
By Claire Edwards (UK), Davide Barzilai (UK)
The Japanese Financial Services Agency (JFSA) and the Bank of Japan have published the results of a survey on the use of LIBOR by financial institutions (including banks, securities companies…
Global Regulation Tomorrow
Bank of England consultation on credit adjustment spread methodologies for fallbacks in cash products referencing GBP LIBOR – Summary of responses
By Claire Edwards (UK), Davide Barzilai (UK)
The Working Group on Sterling Risk-Free Reference Rates (Working Group) has published a consultation paper for the sterling cash market (including loans, bonds, and securitisations) considering four methodologies that could…
Global Regulation Tomorrow
The LIBOR Transition – ARRC’s Recommended Fallback Contract Language – New Variable Rate Private Student Loans
By Patrick Dolan (US), Kathleen Scott (US), Mary Kate Fields (US)
Following up on our past posts on the transition away from the London Interbank Offering Rate (“LIBOR”), and other interbank offering rates (“IBOR”) denominated in other currencies, in this post,…
Global Financial Regulatory Blog
FCA Indicates LIBOR Transition Deadline Will Not Be Extended Due to COVID-19
The FCA, the Bank of England, and members of the Working Group on Sterling Risk-Free Reference Rates have stated that firms should still plan for the transition away from LIBOR…
Global Regulation Tomorrow
FCA publish statement on impact of COVID 19 on LIBOR transition plans
By Hannah Meakin (UK), Jochen Vester (UK)
The FCA have published a statement confirming that they have commenced discussions on the impact of the coronavirus on firms’ LIBOR transition plans, along with the Bank of England and…
Structured Finance In Brief
COVID-19: impact on the LIBOR market and 2021 transition
Read time: 2 minutes 45 seconds In these uncertain times, we take a look at the potential implications of COVID-19 on the LIBOR transition, currently…
GT London Law Blog
All Systems Go? LIBOR Transition Efforts During the COVID-19 Pandemic
By Oscar Stephens, Arleen A. Nand, Michael M. Krauss, Paul Ferak, Sylvie A. Durham
As the COVID-19 situation continues to evolve, market volatility, workplace disruptions and a shuttering of everyday life are becoming increasingly commonplace. While the 2021 LIBOR phase-out may not seem top…
Financial Services Observer
All Systems Go? LIBOR Transition Efforts During the COVID-19 Pandemic
By Michael M. Krauss, Paul Ferak, Arleen A. Nand, Sylvie A. Durham, Oscar Stephens
As the COVID-19 situation continues to evolve, market volatility, workplace disruptions and a shuttering of everyday life are becoming increasingly commonplace. While the 2021 LIBOR phase-out may not seem top…
Global Regulation Tomorrow
LIBOR Transition – Bank of England announces intention to publish a daily SONIA Compounded Index
By Andrew Coote, Davide Barzilai (UK)
Introduction On 26 February 2020, the Bank of England published a discussion paper Supporting Risk-Free Rate transition through the provisions of compounded SONIA, February 2020 (the Discussion Paper) which requested…