Tag: LIBOR

FCA standfast about LIBOR ending in 2021

Despite the coronavirus pandemic, the Financial Conduct Authority (FCA) has issued another statement saying that firms cannot rely on LIBOR being published after the end of 2021.

The FCA says LIBOR expectations have not changed because of the...

A global pandemic sweeping over the globe may have caused the UK to shut down everything but the most essential services, but the Financial Conduct Authority (FCA) still plans businesses to stick to the LIBOR shutdown timetable.

FCA and the Bank of England tell financial firms it’s time...

The traditional way banks calculated interest rates if it would borrow from other banks is about to end. And it is time financial services firms prepare for it.

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