FCA sets out its “tough legacy” plans
The UK’s Financial Conduct Authority has announced what factors it plans to consider when permitting so-called “tough legacy” contracts to continue using a synthetic Libor – but practitioners have labelled the update “disappointing” for not defining what contracts the regulator will count as “tough legacy”.
To read more
Register for free access to GBRR
Register for limited access
Register to receive our newsletter and gain limited access to subscriber content.
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the GBRR experts.