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Although a bedrock of the financial markets for over 30 years, LIBOR has been under pressure ever since the Wheatley Review, and a speech given by Andrew Bailey, Chief Executive… Click to show full abstract
Although a bedrock of the financial markets for over 30 years, LIBOR has been under pressure ever since the Wheatley Review, and a speech given by Andrew Bailey, Chief Executive of theUK’s Financial Conduct Authority (FCA) on 27 July heralded its potential demise. Market participants need to prepare for the possible transition away from LIBOR by the end of 2021. This article explains why and assesses the practical and documentary implications for the UK and US markets.
Keywords:
considerations beginning;
end;
beginning end;
end libor
Journal Title: Law and Financial Markets Review
Year Published: 2017
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Journal Title: Law and Financial Markets Review
Year Published: 2017
Link to full text (if available)
Share on Social Media: Sign Up to like & get
recommendations!