ICMSA Publication


LIBOR – ICMSA response to FCA’s consultation on use of critical benchmarks

ICMSA has responded on behalf of its members to the FCA’s consultation on the use of its powers in connection in particular with the cessation of LIBOR rates. The ICMSA response supports broad application of powers in relation to the use of synthetic LIBOR in order to avoid market disruption and mitigate transition risk.

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