Four key LIBOR transition announcements you should know
Key summer 2020 LIBOR transition announcements further solidify the ever looming 2021 year-end date, writes Financial Services Faculty Risk and Regulation Technical Manager John Mongelard.
In the last few weeks, firms have received several stark reminders that LIBOR transition continues to move towards an end of 2021 deadline.
This means firms need to act now and tackling legacy exposure should be on top of their radar. The transition thus needs to continue at full pace and the latest announcements show that the clock is ticking.
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