LIBOR Cessation: We Still Must Assume it’s December 2021
As a member of the Alternative Reference Rates Committee (ARRC) and Co-Chair of the ARRC’s Business Loans Working Group, the LSTA has received many inquiries…
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UK LIBOR: Regulators Speak, Industry Strategizes
“The intention is that sterling LIBOR will cease to exist after the end of 2021. No firm should plan otherwise.”
3Q20: No More Stg LIBOR Loans?!
Readers may be forgiven for having thought that the deadline to switch away from LIBOR was December 31, 2021. In fact, for some jurisdictions, it…
LIBOR Banks are Here to Stay…For Now
As reported by Bloomberg, the Financial Conduct Authority (FCA) took a step that should help alleviate concerns about the medium term viability of the London…
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