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As LIBOR ends, regulators cut firms some slack | Investment Executive

ASC, OSC give firms deadline extension on derivatives data reporting

HSBC Bank Canada First Quarter 2023 Results

HSBC Bank Canada First Quarter 2023 Results
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FSB Statement To Encourage Final Preparations For The USD LIBOR Transition

<p><span>The finish line for US dollar (USD) LIBOR transition at end-June 2023 is now less than three months away. There has been significant progress made to date, and market participants must continue to act in order to ensure an orderly transition and to support the foundations necessary for a sustainable and stable financial system going forward. Given the limited time ahead, the FSB stresses that it is critical that market participants act expeditiously to ensure that their legacy contracts are prepared to transition by end-June 2023.</span></p>

Alternative Currency Benchmark Rate Updates

While cessation date for USD LIBOR is June 30, 2023, deadlines for continuing IBOR benchmarks for other currencies are more mixed. What is current state of alternative currency benchmark rates? What information do you need to assess their use in your facility documentation?

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