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On December 16, 2022, the Federal Reserve Board adopted the final rule (the "Final Rule") implementing the Adjustable Interest Rate (LIBOR) Act (the "Libor Act")...
The London Interbank Offered Rate (“LIBOR”) has been the dominant interest rate benchmark around the globe for some time. Following the financial crisis of 2007-2009 and numerous LIBOR...
The "Economic Continuity and Stability Act," which includes as Division U the "Adjustable Interest Rate (LIBOR) Act," was enacted on March 15, 2022.
Welcome to the final issue for 2021 of Mayer Brown's IBOR Transition Digest. We will be back in 2022 to continue to keep you on top of IBOR transition developments globally.