Entries tagged “ibor”
ISDA IBOR Fallbacks Supplement and Protocol: What You Need to Know
insights November 19, 2020
I. Introduction In 2017, the UK’s Financial Conduct Authority (“FCA”) announced that it will not require the calculation and publication of interbank offered rates (“IBORS”) beyond 2021. The absence of a guaranteed IBOR after 2021 has triggered one of the largest and intricate challenges that financial markets have confronted to date. Trillions of dollars of…
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