Major banks face another complaint accusing them of collusion to manipulate the London InterBank Offered Rate (LIBOR).
The FCA encourages issuers of outstanding LIBOR-linked bonds to transition outstanding LIBOR-linked bonds to fair alternative rates.
Refinitiv will launch forward looking term rate versions of ARRC recommended fallback rates to facilitate transition from USD LIBOR.
The UK FCA is seeking views on winding down the 1, 3 and 6-month synthetic sterling LIBOR settings.
Plaintiffs in a LIBOR manipulation lawsuit push for a final approval of their settlement with Credit Suisse and MUFG.
The FCA encourages firms to continue to pursue the transition of legacy sterling LIBOR contracts using the temporary synthetic LIBOR.
The Second Circuit Court of Appeals has reversed the fraud convictions of former Deutsche Bank traders accused of LIBOR rigging.
MUFG and Credit Suisse have each agreed to pay $380,000 to settle a case accusing them of LIBOR manipulation.
FX News Group reviews how some of the world’s major Forex and CFD brokers adapt to IBOR transition.
ICE has transitioned all open interest held in Sterling and Euroswiss LIBOR-based derivatives to their RFR equivalent contracts.