IBA consults on error policy: IBA is consulting on its LIBOR error policy. It explains its thinking and asks several specific questions, including:

  • the intraday refix cut-off time;
  • preferred materiality thresholds;
  • notice periods for change in thresholds; and
  • number of decimal places to which LIBOR should be published.

It asks for comment by 19 September (Source: IBA Consults on Error Policy)