United Kingdom - February 17 2021
On February 15, 2021, the UK Treasury published a consultation paper on potential legal ‘safe harbor’ rules for legacy LIBOR-referencing contracts…
Jennifer J. Kafcas, Harry Poland, Alvino S. van Schalkwyk
European Union, United Kingdom - February 15 2021
On February 13, 2021, the European Union’s (EU) amendments to the Benchmarks Regulation (2016/1011) (the Amended BMR) came into force, which provides…
Jennifer J. Kafcas, Harry Poland, Alvino S. van Schalkwyk
European Union, United Kingdom - January 29 2021
On January 28, 2021, the UK Loan Market Association (LMA) published exposure drafts of two multicurrency term and revolving facilities agreements…
Lee Cullinane, Jennifer J. Kafcas, Linn Mayhew, Harry Poland, Alvino S. van Schalkwyk
United Kingdom - January 25 2021
ISDA’s IBOR Fallbacks Supplement and Protocol came into effect today. These fallbacks, which are discussed in more detail here, will be incorporated…
Jennifer J. Kafcas, Harry Poland, Alvino S. van Schalkwyk
United Kingdom - January 19 2021
With the end of LIBOR in sight, on January 11, 2021 the Bank of England, FCA and Working Group on Sterling Risk-Free Reference Rates (the Working…
Lee Cullinane, Jennifer J. Kafcas, Linn Mayhew, Harry Poland, Alvino S. van Schalkwyk