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Banking and Finance weekly highlights—13 May 2021

Banking and Finance weekly highlights—13 May 2021
Published on: 13 May 2021
Published by: LexisPSL
  • Banking and Finance weekly highlights—13 May 2021
  • In this issue:
  • The Queen's speech
  • Queen’s Speech 2021—key themes and proposals
  • Queen's Speech 2021—procurement and subsidy control reform
  • LIBOR and benchmarks
  • IBA launches consultation on ending GBP LIBOR ICE Swap Rate
  • HM Treasury to introduce legislation to reduce LIBOR transition disruption
  • ARRC sets out market indicators that would underpin the recommendation of a forward-looking SOFR term rate
  • BoE governor Bailey discusses life after LIBOR
  • More...

Article summary

This week's edition of Banking and Finance weekly highlights includes: (1) The ARRC sets out market indicators that would underpin the recommendation of a forward-looking SOFR term rate; (2) The Financial Markets Law Committee responds to the European Commission consultation on its review of the Financial Collateral Directive and (3) News Analysis on the Bank of New York Mellon v Cine-UK case looking at a tenants’ contractual liability to pay rent during the coronavirus (COVID-19) pandemic. or take a trial to read the full analysis.

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