Law-Now
Synthetic LIBOR update: 3 month synthetic sterling LIBOR to cease end March 2024 and FCA consultation on synthetic US dollar LIBOR settings
28 Nov 2022
International
1 min read
Authors
On 23 November 2022 the Financial Conduct Authority (the “FCA”) announced that the 3 month synthetic sterling LIBOR setting will cease permanently at the end of March 2024. The FCA also launched a further consultation on proposals regarding synthetic US dollar...