The U.K. Financial Conduct Authority has published a statement on conduct risk during the LIBOR transition, which is due to be completed by the end of 2021. The statement is in the form of questions and answers and sets out the FCA's expectations of firms relating to governance and accountability, replacing LIBOR with alternative rates in existing contracts, offering new products with alternative rates, communicating with customers about the transition from LIBOR and best practice for firms investing on behalf of clients.
- How-to guide Source of Wealth and Source of Funds: navigating the challenges
- Checklist Checklist: Reducing the risk of Coronavirus (COVID-19) - guidance for employers (UK)
- How-to guide How-to guide: How to identify and prioritise competition law risk in your organisation (non-dominant and dominant organisations) (UK)