28 Oct, 2021 A Tale of Two Cities: Term Reference Rates in the New York and London Investment-Grade Loan Markets By Martin Hutchings Chloe Gal Claire Leadbeatter Term SOFR in the US On 29 July 2021, the Alternative Reference Rate Committee (ARRC) (a committee formed by the Federal Reserve Bank of...
11 Mar, 2021 LIBOR transition – clarity on the path forwards By Jessica Wrigley Alice Dawson-Loynes On 5 March 2021, the UK Financial Conduct Authority (FCA) made a key announcement about the future cessation or loss of...
15 Sep, 2020 The end of LIBOR, switching to risk-free rates and 'tough legacy' bonds: potential solutions for the sterling bond market By Helen Jones Back in July 2017, Andrew Bailey, then Chief Executive of the UK's Financial Conduct Authority (FCA), announced plans to end the...
12 Feb, 2020 LIBOR – where next for OTC derivatives? By Richard Hart The Bank of England and the UK Financial Conduct Authority (FCA) have declared 2020 as the year of acceleration in the race to...
05 Mar, 2019 LIBOR replacement: how to protect yourself By Tom Wallis The LIBOR style of benchmark rate is scheduled for replacement. Without action you may have to pay more, or may receive less, than you...
02 Oct, 2018 Time is running out for LIBOR By Aled Batey In a speech on 12 July 2018, the Chief Executive of the FCA Andrew Bailey said that “…the discontinuation of LIBOR should not be...