ICMSA Publication

20.01.21

ICMSA Bulletin 210118/55: The discontinuation of LIBOR/IBORS – operational and procedural considerations for Consent Solicitations and Written Resolutions

This Bulletin provides some practical guidance on the operational process for launching and completing consent solicitations in the clearing systems and for conducting a written-resolution exercise to change the terms of the securities where that is a realistic option.

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