LIBOR transition to SOFR – A brief summary and update
By EsqSocial Corporation 26/03/21
The end of LIBOR - In 2017, the Financial Conduct Authority (FCA) announced that it and the remaining panel banks submitting London Inter-Bank Offered Rate (LIBOR) quotations to the ICE Benchmark Administration (IBA) would commit to supporting the LIBOR-setting process through the end of December 2021 but not beyond that time....
By: Dentons