Banking Litigation Notes

LIBOR transition measures in the new Financial Services Bill: the legal framework, market impact and risks

Leaving LIBOR – the ISDA Protocol and Supplement

With LIBOR due to disappear by end-2021, work has been underway to facilitate the transition from LIBOR and other IBORs to alternative risk free rates …

LIBOR Transition Status Update - October 2020

Legislating for LIBOR transition: UK/EU jurisdictional battle or complementary regimes?

FSB Report: Supervisory issues associated with benchmark transition: major LIBOR transition risks

UK Government announces LIBOR legislative fix: summary of proposals and our initial observations

BoE confirms daily publication of SONIA compounded index from August 2020: impact on new vs legacy cash products

The latest development in the Bank of England's (BoE) attempts to support the adoption of SONIA in cash products - and to speed up the transition away …

UK Tough Legacy Taskforce recommends LIBOR legislative fix: key risks and next steps

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?