Financial Stability

Legal risks still remain despite extensive preparations for Libor’s cessation

By Johnny Shearman
BRR fallback image

The clock is ticking for Libor, with all but dollar Libor tenors ceasing on December 31, 2021. Despite efforts to ensure a smooth transition, concerns remain over legacy contracts and how jurisdictional divergence will evolve.

UK Legislative Framework

Following amendments to the Benchmark Regulation (EU) 2016/1011 made by the Financial ...

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