Letter from both the PRA and the FCA, dated 26 March 2021 relating to the transition from LIBOR to Risk Free Rates. This advises about the preparations you should be making for the cessation of LIBOR. Now that cessation dates for all panel bank LIBOR settings have been confirmed, it reiterates we have entered the final and critical phase of the transition from LIBOR to Risk Free Rates (RFR).

The FICC Markets Standards Board (“FMSB”) publishes a Transparency Draft of a new Standard on use of Term SONIA reference rates. SONIA is the Sterling Overnight Index Average, as published by the Bank of England, and Term SONIA refers to forward-looking benchmarks.

This statement announces the future cessation or loss of representativeness of the 35 LIBOR benchmark settings currently published by ICE Benchmark Administration (IBA), an authorised administrator, regulated and supervised by the FCA.

ISDA has published the following statement in response to the announcement by the UK Financial Conduct Authority (FCA) on the future cessation and loss of representativeness of the LIBOR benchmarks.

Each LIBOR Tenor, Ticker and associated fixed Spread Adjustment are set out in this technical reference document.

Bank of England roadmap outlining milestones and priorities for active transition away from GBP LIBOR by end-2021.

ICAEW's Financial Services Faculty highlights 10 questions to inform the critical areas of accounting and financial disclosure that are being impacted by LIBOR transition.

ICAEW's Financial Services Faculty highlights 10 questions corporates can ask to build a robust conversation around how your firm is addressing readiness for LIBOR transition.

ICAEW's Financial Services Faculty highlights 10 questions financial directors can expect from their external auditors, from front to back of the audit lifecycle, over the next 18 months.

ICAEW's Financial Services Faculty highlights 10 questions to inform the critical contribution Internal Audit can make in firm's challenging and far-reaching transition to alternative reference rates

ICAEW's Financial Services Faculty highlights 10 questions you can ask to build a robust conversation around how your firm is addressing conduct risk arising from LIBOR transition.

ICAEW’s Financial Services Faculty highlight 10 questions non-executive directors can ask to build a robust conversation around how their business is responding to the change. Therefore, the imminent change to LIBOR and its replacement with overnight rates will be far-reaching.

Navin Rauniar, Partner – LIBOR Transition at Tata Consultancy Services, covers off the major impacts on LIBOR transition due to the pandemic and other factors.

Mark Spencer, Financial Services’ Accounting Advisory team lead at BDO, sets sail on the amendments issued by the International Accounting Standards Board (IASB) and Financial Reporting Council (FRC).

The end of LIBOR will mean some big changes for businesses. The end date of December 2021 may seem a long way off, but companies need to start preparing now.

In July 2017, the FCA confirmed that it will no longer ask banks to voluntarily submit data to the LIBOR after 2021. This has been perceived by some as an indication of the timeline for replacing the LIBOR benchmark. Find out what this means for you.

IBOR Transition deadlines are unchanged despite COVID-19 disruption - firms should not ignore it.

This webinar will give help gain an expert view on priorities for LIBOR transition, associated conduct risks and practical actions to take.

This information relates to the SOFR (Secured Overnight Financing Rate) and LIBOR Transition.

This information is from the Bank of England Working Group on Sterling Risk-Free Reference Rates (RFRWG). It was established in 2015 to implement the Financial Stability Board's recommendation to develop alternative risk-free rates (RFRs) for use instead of Libor-style reference rates.

This information is from the European Central Bank (ECB) working group on euro risk-free rates, to support LIBOR transition.

This information is from the Swiss National Working Group (NWG) which is the key forum to foster the transition to SARON and to discuss the latest international developments. The NWG is co-chaired by a representative of the private sector and a representative of the Swiss National Bank (SNB).

This information is from the Bank of Japan's cross-industry committee on Japanese Yen Interest Rate Benchmarks.