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Transitioning Away from LIBOR:  A Constantly Shifting Landscape | Quinn Emanuel Urquhart & Sullivan, LLP - Vimarsana News

Transitioning Away from LIBOR:  A Constantly Shifting Landscape | Quinn Emanuel Urquhart & Sullivan, LLP

I. What’s the issue? The London Interbank Offered Rate (“LIBOR”) is the most widely used interest rate benchmark in the world, referenced in some $373 trillion notional value of financial transactions of all types.  But in light of the various price-fixing scandals surrounding LIBOR and the limited activity in the London interbank market, the U.K. Financial Conduct Authority (“FCA”) announced in 2017 that it will no longer sustain the publication of LIBOR as a reference rate by the end of 2021.  LIBOR’s administrator now plans to retire 3-, 6-, and 12-month U.S. dollar LIBOR in...

South Dakota Farm Bureau Healthcare Benefit bill signed into law - Vimarsana News

South Dakota Farm Bureau Healthcare Benefit bill signed into law

   South Dakota Gov. Kristi Noem today signed Senate Bill 87 into law. The bill will allow South Dakota Farm Bureau (SDFB) to provide health care coverage to SDFB members. “This is a historic day for South Dakota Farm Bureau,” said Scott VanderWal, SDFB President. “For over 100 years we have been a trusted, well respected voice for our members. Health care coverage is a critical need for many rural South Dakotans, and we are anxious to begin offering this option to them.” Senate Bill 87 received overwhelming support in both committees, was approved by the Senate and last week was ap...

Can't We All Just Get Along? Four Key Areas of Dispute in the Evolving Landscape of LIBOR Cessation Litigation | King & Spalding - Vimarsana News

Can't We All Just Get Along? Four Key Areas of Dispute in the Evolving Landscape of LIBOR Cessation Litigation | King & Spalding

To embed, copy and paste the code into your website or blog: On November 30, 2020, parties to legacy LIBOR contracts breathed a collective sigh of relief as LIBOR’s administrator Intercontinental Exchange, Inc. (“ICE”) announced that US Dollar LIBOR would continue to be published until December 31, 2021 for the one-week and two-month tenors and until June 30, 2023 for the remaining, more widely used tenors. [i] As explained in our prior Client Alerts on the transition away from LIBOR, these extensions will allow time for most legacy LIBOR contracts to mature prior to the cessation of LI...

Scan, wash your hands and wear a freakin mask - Vimarsana News

Scan, wash your hands and wear a freakin mask

Written By: mickysavage - Date published: 7:41 am, January 25th, 2021 - 85 comments Another case of Covid has appeared in the community. A 54 year old woman who lives south of Whangarei who returned overseas and went through quarantine has developed Covid after being released from quarantine.  She may have the more contagious UK variant of the virus and had tested negative while in quarantine. Thankfully the person involved assiduously scanned everywhere she went and had a test when she felt unwell. Two close contacts have...

Open mike 18/01/2021 - Vimarsana News

Open mike 18/01/2021

The MBIE Migration Data Explorer has the information (https://mbienz.shinyapps.io/migration_data_explorer/ ) back to 2010, albeit needs a bit of knowledge to use it. Specifically, arrival and departure data from Customs states Resident Visa for all residence class visas other than Australians (who are captured and listed separately), but for INZ application data, Permanent Resident Visa (PRV) applications are reported separately from other residence class visas as Returning Residence Visa in the application categories (this relates to the visa framework in the Immigration Act). This category ...