Topic
LIBOR Transition
277 published works
Global Regulation Tomorrow
Finalising LIBOR transition – achievements in sterling markets and what remains to be done
On 9 February 2022, the Financial Conduct Authority (FCA) provided an update regarding the achievements in sterling markets since the LIBOR transition on 31 December 2021, what more needs to…
The CLS Blue Sky Blog
Paul Weiss Discusses LIBOR Transition and SOFR Alternative
By Jane O'Brien, Manuel Frey, Jessica Carey, Amy Barton, Hillary Christian
As previously reported, the LIBOR settings for one-week and two-month USD LIBOR tenors will cease being representative after December 31, 2021.[1] This cessation is expect to have less of an…
Eye on IBOR Transition
Singing in the rain of LIBOR transition
We are in the final days of LIBOR as we know it. Partner, Ash McDermott, discusses the recent advances in the export finance community toward LIBOR transition, with a specific…
Consumer Finance and Fintech Blog
CFPB Published Reg. Z Amendments to Facilitate Libor Transition
By Moorari Shah, A.J. Dhaliwal, Sherwin Root
The CFPB has amended Regulation Z to address the anticipated sunset of LIBOR, which is expected to be discontinued in June 2023. Some creditors currently use LIBOR as an index…
Global Regulation Tomorrow
FCA issues final messages on LIBOR before end-2021
On 8 December 2021, Edwin Schooling Latter, Director of Markets and Wholesale Policy and Wholesale Supervision at the Financial Conduct Authority (FCA), delivered a speech at Risk.net’s LIBOR telethon. Highlights from…
Global Financial Regulatory Blog
SEC Staff Issues Key Considerations on LIBOR Transition
As a major LIBOR transition milestone approaches, a Staff Statement provides key considerations for market participants regarding their obligations. By Laura N. Ferrell, Marlon Q. Paz, Zach Lippman, and Deric…
Eye on IBOR Transition
CFPB Issues Final Rule Addressing LIBOR Transition
By Debra Bogo-Ernst, Clare E. Myers
On 7 December 2021, the Consumer Financial Protection Bureau (“CFPB”) issued a Final Rule to facilitate LIBOR transition, via amendments to Regulation Z. The amendments take effect on 1 April…
The CLS Blue Sky Blog
SEC Staff Discusses Key Considerations on LIBOR Transition
By Securities, Exchange Commission
[1]This statement is being issued to remind investment professionals of their obligations when recommending LIBOR-linked securities and to remind companies and issuers of asset-backed securities of their disclosure obligations related…
Eye on IBOR Transition
Refinitiv Spread-Adjusted Fallback Rates Become Production Benchmarks
By Mary Jo N. Miller, J. Paul Forrester
With fewer than 30 days until the cessation of LIBOR, another piece of the puzzle has fallen into place for U.S. dollar LIBOR transition. On 30 November 2021, Refinitiv, the…
Global Regulation Tomorrow
FSB statement to support preparations for LIBOR cessation
On 22 November 2021, the Financial Stability Board (FSB) issued a statement to support preparations for LIBOR cessation. Key points in the statement include: Significant progress has been made in…