+44(0)20 7638 9271

Results

Life after LIBOR: the Critical Benchmarks Bill

The majority of LIBOR settings are due to come to an end on 31 December 2021. Draft legislation has now been introduced to deal with the transition of certain contracts (referred to as “tough legacy”

Six months until the end of LIBOR

In March, the FCA announced the dates that panel bank submissions for all LIBOR settings will cease. You can read our briefing note on this here. July marks six months until the end of LIBOR.

FCA announces dates for the end of LIBOR

On Friday 5th March, the FCA announced the dates that panel bank submissions for all LIBOR settings will cease, after which representative LIBOR rates will no longer be available. In a statement, which can be