LIBOR is dead; long live the RFR: new ISDA fallbacks to address LIBOR

On 23 October, the International Swaps and Derivatives Association, Inc. (ISDA) released the ISDA 2020 IBOR Fallbacks Supplement to the 2006 ISDA…

US banking agencies issue proposed rule addressing role of supervisory guidance

On October 20, the Federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of the Currency (OCC), the Board of Governors of the…

A closer look at ISDA's new 2020 IBOR Fallbacks Protocol and amendments to 2006 definitions

Would provide parties with uniform way to address existing and new derivatives contracts after discontinuation of LIBOR…

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