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New York legislative solution for LIBOR passed: Impact on transition of legacy LIBOR contracts

United Kingdom, USA - April 7 2021 The New York (NY) State Legislature has passed a statutory solution to tackle so-called “tough legacy” LIBOR contracts, to reduce the risks…

Alex Hokenson, Ceri Morgan, Emily Barry, Harry Edwards, Jenny Stainsby, John O'Donnell, Nick May, Peter Behmke.

Navigating “the final and critical phase” of LIBOR - Senior Managers take heed

United Kingdom - March 29 2021 The issues raised in this Dear CEO letter are not unexpected. But that does not mean they are straightforward to manage. LIBOR transition remains a…

Ceri Morgan, Harry Edwards, Jenny Stainsby, Nick May.

LIBOR Discontinuation: FCA non-representativeness announcement

United Kingdom - March 5 2021 The FCA today made its much anticipated announcement that all LIBOR settings will either cease to be provided by any administrator or will no longer…

Ceri Morgan, Emily Barry, Harry Edwards, Jenny Stainsby, Nick May.

LIBOR transition: What is a "safe harbour" and why does the UK’s legislative toolkit need one?

United Kingdom - February 16 2021 In the context of the UK’s legislative solution for the transition of so-called "tough legacy" LIBOR contracts, contained within the Financial…

Harry Edwards, Jenny Stainsby, Nick May.

LIBOR transition: What is a “safe harbour” and why does the UK’s legislative toolkit need one?

European Union, United Kingdom - February 16 2021 In the context of the UK’s legislative solution for the transition of so-called “tough legacy” LIBOR contracts, contained within the Financial…

Ceri Morgan, Harry Edwards, Jenny Stainsby, Nick May.