November 30, 2017 BY Valentina Kirilova

BoE and FCA launch next phase of Sterling Libor transition work

The Bank of England and the Financial Conduct Authority (FCA) announced the next phase of work with market participants on Libor transition. From January 2018, the market-led Working Group on Sterling Risk-Free Rates will have an extended mandate and broader participation. The Working Group’s new mandate will be to catalyse a broad-based transition to SONIA over…

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