What happens if my lender hasn’t contacted me about the LIBOR transition? Contact your loan servicer immediately to confirm your current benchmark rate.

The Federal Reserve has issued guidance to assist examiners in assessing supervised firms’ progress in preparing for the London Interbank Offered Rate (LIBOR) transition. The interagency statement ...

The UK’s Financial Conduct Authority (FCA) today issued a reminder of the expected cessation of the remaining synthetic US dollar LIBOR settings in late September 2024. With three months to go until ...

Banks must prove to the increasingly impatient regulators that they have got Libor transition under control, or face costly consequences down the line.

Intercontinental Exchange, Inc., a leading global provider of technology and data, today announced that ICE Benchmark Administration Limited, the authorized and regulated administrator of LIBOR ...

Please see IBA’s LIBOR webpage and the FCA’s LIBOR transition webpage for further information. About ICE Benchmark Administration ...

It would be convenient to think that yesterday’s Supreme Court judgment draws a line under the years-long Libor saga. The reality is far from it. The court decided to quash the conviction of ...

Bank of America BAC will incur a net non-cash pre-tax charge of $1.6 billion in the fourth quarter of 2023 as it phases out the use of the Bloomberg Short-Term Bank Yield Index (BSBY). The company ...

Please see IBA’s LIBOR webpage and the FCA’s LIBOR transition webpage for further information. About ICE Benchmark Administration ...