U.S. regulators call on firms to stop using the benchmark by the end of 2021
CDOR, LIBOR facing changes in the year ahead
Paper proposes methodology for CORRA averages, index
Industry group to review CDOR, while new group advises on CORRA
FSB aims to curb transition risks with industry roadmap
Report from FSB, Basel Committee sets out recommendations for speeding transition
Policy-makers call on industry to continue shift toward new benchmarks by the end of 2021
Replacing the financial benchmark by the end of 2021 is still possible despite the pandemic
Move to transaction-based benchmark follows LIBOR scandal
The U.K. regulator is committed to a 2021 end for LIBOR, but admits interim steps may be affected