FCA consults on proposed decisions on use of LIBOR and announces further arrangements for orderly wind-down | Practical Law

FCA consults on proposed decisions on use of LIBOR and announces further arrangements for orderly wind-down | Practical Law

The FCA has announced further arrangements for the orderly wind-down of LIBOR at the end of 2021. Among other things, it has published a consultation paper (CP21/29) on its proposals to use new powers for certain LIBOR settings, together with a feedback statement (FS21/10) and final statements of policy following its consultation paper on its use of powers over use of critical benchmarks.

FCA consults on proposed decisions on use of LIBOR and announces further arrangements for orderly wind-down

by Practical Law Financial Services
Published on 29 Sep 2021 • United Kingdom
The FCA has announced further arrangements for the orderly wind-down of LIBOR at the end of 2021. Among other things, it has published a consultation paper (CP21/29) on its proposals to use new powers for certain LIBOR settings, together with a feedback statement (FS21/10) and final statements of policy following its consultation paper on its use of powers over use of critical benchmarks.