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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")...
Final Rule - On December 16, 2022, the Federal Reserve Board adopted the final rule (the “Final Rule”)1 implementing the Adjustable Interest Rate (LIBOR) Act (the “Libor...
Board of Governors of the Federal Reserve System adopted final rule to implement Adjustable Interest Rate LIBOR Act. Final Rule sets forth Board final decision on number of substantive and technical issues related to planned cessation of USD LIBOR on a representative basis.