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ICMA and LMA respond to FCA CP22/21 on ‘synthetic’ US dollar LIBOR

Published on: 06 January 2023
Published by LNB News

LNB News 06/01/2023

Document Information

Issue Date: 06 January 2023

Published Date: 06 January 2023

Jurisdiction(s): United Kingdom

Article summary

The International Capital Market Association (ICMA) and the Loan Market Association (LMA) have published their responses to the Financial Conduct Authority’s (FCA) Consultation Paper (CP22/21) on ‘synthetic’ US dollar LIBOR. In their responses, ICMA and the LMA agree with the FCA's proposals, however, the LMA highlighted the need to review the FCA's proposed cessation date.

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