Euro Short News Today : Breaking News, Live Updates & Top Stories | Vimarsana

To print this article, all you need is to be registered or login on Mondaq.com. The Financial Conduct Authority (FCA) has recently reiterated that 2021 is the critical year for firms to complete their transition away from LIBOR . 1 LIBOR). In this article, we discuss the current state of play and the measures governments and institutions are taking to aid this transition, including the development of overnight risk-free rates ( RFRs), recommended transition milestones and proposed legislative reform. Development of RFRs The European Central Bank commenced publishing the Euro Short Term Rate on 2 October 2019, and since then RFRs for all LIBOR

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