BBA is consulting on its proposed timescale for a phased discontinuation of certain LIBOR currencies and maturities in line with the Wheatley Review. It proposes to retain after April 2013 the following fixings, and discontinue all others in a phased withdrawal up to then. It will retain overnight/spot-next, 1 Week, 1 Month, 3 Month, 6 Month, 12 Month in Euro, Sterling, Yen, US Dollar and Swiss Franc. It comments that this means there will be more remaining rates than Wheatley recommended but it thinks this is the best way of adopting the recommendation. The consultation opened for one month from 8 November.

(Source: BBA Consults on Implementing Wheatley LIBOR Reforms)