FCA statement on future cessation and loss of representativeness of LIBOR benchmarks | Practical Law

FCA statement on future cessation and loss of representativeness of LIBOR benchmarks | Practical Law

The FCA has published a statement announcing the dates that panel bank submissions for all LIBOR settings will cease, after which representative LIBOR rates will no longer be available.

FCA statement on future cessation and loss of representativeness of LIBOR benchmarks

Practical Law UK Legal Update w-030-0001 (Approx. 5 pages)

FCA statement on future cessation and loss of representativeness of LIBOR benchmarks

Published on 05 Mar 2021United Kingdom
The FCA has published a statement announcing the dates that panel bank submissions for all LIBOR settings will cease, after which representative LIBOR rates will no longer be available.