Cadwalader, Wickersham & Taft LLP
DTCC proposed a method for shortening the U.S. trade settlement cycle from two business days ( T+2 ) to one business day ( T+1 ).
Taft Stettinius & Hollister
The Financial Conduct Authority (FCA) announced today that LIBOR will officially no longer be published by ICE Benchmark Administration (IBA) or regulated by the FCA.
Arnold & Porter
On March 5, 2021, ICE Benchmark Administration Limited (IBA), the administrator for LIBOR, announced that it will permanently cease to publish LIBOR beginning on the following dates.
Mayer Brown
Welcome to the latest issue of Mayer Brown s IBOR Transition Digest a periodic compendium of global regulatory and market developments and insights on the complex issues confronting financial market
The biggest little whales
When we talk about whales, a lot of the words that come to mind describe how big they are: ‘enormous’, ‘huge’, ‘giant’, ‘largest-ever’, ‘leviathans’. We measure them by comparisons to buses, herds of elephants and dinosaurs. So it might surprise you to learn that there are some whales which get totally different descriptions – like the ‘pygmy blue whales’ which make the Indian Ocean home.
Pygmy blue whales are a tropical subspecies of the blue whale, and though they are only a few metres shorter in length, reaching about 24m as opposed to the 30m, they are often about half of the overall weight of a blue whale in the Antarctic.