All Things Newz
Law \ Legal

IBOR Transition Digest – August 9, 2022 – Financial Services



To print this article, all you need is to be registered or login on Mondaq.com.

The IBOR Transition Digest is a periodic compendium of global
regulatory and market developments and insights on the complex
issues confronting financial market participants as they continue
to transition from LIBOR and its variants to replacement benchmark
interest rates. As the market moves to the next phase of IBOR
transition, it is critical to have access to comprehensive and
timely resources about the market.

For additional resources and an introduction to our global
cross-practice IBOR Transition Task Force, please visit Mayer
Brown’s IBOR Transition
portal
.

THOUGHT LEADERSHIP

Switching to
SOFR: Proposed Rule Published to Implement the 2022 Federal LIBOR
Act


Eye on IBOR blog, 2 August 2022

Summarizing the proposed rule, highlighting some of the specific
questions that the rulemaking notice asks, and sharing our
observations on the proposed rule, on which comments are due by 29
August 2022.

No foolin’:
USD LIBOR to sunset one year from today


Eye on IBOR blog, 30 June 2022

Reminding market participants of the USD LIBOR cessation date of 30
June 2023, and discussing the possibility of a synthetic LIBOR,
which is the topic of a new consultation
by the UK Financial Conduct Authority.

IBOR Transition Digest – August 9, 2022 |
Perspectives & Events | Mayer Brown

Visit us at
mayerbrown.com

Mayer Brown is a global legal services provider
comprising legal practices that are separate entities (the
“Mayer Brown Practices”). The Mayer Brown Practices are:
Mayer Brown LLP and Mayer Brown Europe – Brussels LLP, both limited
liability partnerships established in Illinois USA; Mayer Brown
International LLP, a limited liability partnership incorporated in
England and Wales (authorized and regulated by the Solicitors
Regulation Authority and registered in England and Wales number OC
303359); Mayer Brown, a SELAS established in France; Mayer Brown
JSM, a Hong Kong partnership and its associated entities in Asia;
and Tauil & Chequer Advogados, a Brazilian law partnership with
which Mayer Brown is associated. “Mayer Brown” and the
Mayer Brown logo are the trademarks of the Mayer Brown Practices in
their respective jurisdictions.

© Copyright 2020. The Mayer Brown Practices. All rights
reserved.

This
Mayer Brown
article provides information and comments on legal
issues and developments of interest. The foregoing is not a
comprehensive treatment of the subject matter covered and is not
intended to provide legal advice. Readers should seek specific
legal advice before taking any action with respect to the matters
discussed herein.

POPULAR ARTICLES ON: Finance and Banking from United States

Schumer-Manchin Deal Bolts Forward

Norton Rose Fulbright US LLP

The tax equity market will look different if the surprise deal that the Senate majority leader, Chuck Schumer, sealed yesterday with Democratic holdout…

CFPB Zeros In On Servicemembers Civil Relief Act

McGlinchey Stafford

Continuing a recent trend of highlighting potential unfair and deceptive acts or practices (UDAAP) within the auto loan servicing industry, the Consumer Financial Protection Bureau (CFPB) recently issued a new blog post focusing on the Servicemembers Civil Relief Act (SCRA).



Source link

Related posts

Amendment To Salvage Unused Immigrant Visa Numbers Advances In House – Work Visas

Horace Hayward

TGIF – Nothing to investigate in boards nimble refinancing with new investors – Financial Restructuring

Horace Hayward

On Sharing And Managing Competitively Sensitive Information In M&A Transactions – Antitrust, EU Competition

Horace Hayward