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Consultation on LIBOR cessation—what is the impact on transition timing?

Consultation on LIBOR cessation—what is the impact on transition timing?
Published on: 15 December 2020
Published by: LexisPSL
  • Consultation on LIBOR cessation—what is the impact on transition timing?
  • What are the proposals set out in the consultation?
  • Why are certain USD LIBOR settings likely to be published into 2023?
  • Does this mean that USD LIBOR can be used for new contracts after 2021?
  • What does the consultation mean for documentary fallbacks?
  • How do the proposals interact with the proposed legislation in the Financial Services Bill?
  • What are the next steps?

Article summary

Banking and Finance analysis: This News Analysis looks at the implications of ICE Benchmark Administration’s (IBA’s) consultation on potential cessation of LIBOR, published in December 2020. or take a trial to read the full analysis.

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