Federal Banking Agencies Issue Statement on LIBOR Transition
By EsqSocial Corporation 21/12/20
The FDIC, the OCC, and the Board of Governors of the Federal Reserve System (collectively, the Agencies) recently issued a joint statement to encourage banks to transition away from USD LIBOR as soon as practicable and no later than December 31, 2021, in order to avoid safety and soundness issues......
By: Weiner Brodsky Kider PC