Banking Litigation Notes

ISDA releases report explaining final results of LIBOR consultation on pre-cessation fallbacks: the nuance behind the consensus

LIBOR Transition: Is ARRC's Proposed Legislative Fix Constitutional?

In early March, 2020, the Alternative Reference Rates Committee (ARRC) in the US published a proposal for New York legislation to assist the transition …

LIBOR transition: The risks of interim milestone delay for the cash market due to COVID-19

ISDA pre-cessation fallback consensus: will this reduce legacy LIBOR risk in the derivatives market?

LIBOR transition: What does the US regulator's proposed legislative fix mean for UK financial markets?

The Bank of England's attempts to "turbo-charge" LIBOR transition in the cash markets: will these increase or decrease the litigation risks?

ISDA to re-consult on pre-cessation fallbacks: litigation risk for legacy LIBOR contracts

The International Swaps and Derivatives Association (“ISDA”) announced yesterday that it will re-consult on how to implement pre-cessation fallbacks in …

LIBOR transition: litigation risk observations on suite of documents published by the regulators in January 2020

The transition from LIBOR: FCA conduct risk warning and next steps

Over the past couple of weeks, the FCA has released two important communications in the context of the discontinuation of LIBOR, which is expected to …

LIBOR Transition - The Documentary Challenge for Corporates (ACT webinar)

LIBOR discontinuation – FCA thematic feedback on responses to Dear CEO letter

The FCA and PRA yesterday published a joint statement setting out their key observations from the responses of major banks and insurers in the …

LIBOR is being overtaken: Will it be a car crash?