International Swaps & Derivatives Association Statement on ICE Benchmark Administration and U.K. Financial Conduct Authority Announcements on LIBOR Consultations
November 19, 2020
November 19, 2020
NEW YORK, Nov. 19 -- The International Swaps and Derivatives Association issued the following statement on Nov. 18:
ISDA has published the following statement in response to today's announcements by ICE Benchmark Administration (IBA), the administrator of LIBOR, and the UK Financial Conduct Authority (FCA).
"Today, IBA announced that it will consult on its intention to cease publication of euro, sterling, Swiss franc and yen LIBOR after December 31, 2021. The annou . . .
ISDA has published the following statement in response to today's announcements by ICE Benchmark Administration (IBA), the administrator of LIBOR, and the UK Financial Conduct Authority (FCA).
"Today, IBA announced that it will consult on its intention to cease publication of euro, sterling, Swiss franc and yen LIBOR after December 31, 2021. The annou . . .