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Key Date Reminder: Go-live of ISDA's IBOR Fallbacks Supplement and Protocol | McGuireWoods LLP - Vimarsana News

Key Date Reminder: Go-live of ISDA's IBOR Fallbacks Supplement and Protocol | McGuireWoods LLP

To embed, copy and paste the code into your website or blog: Following years of consultations, ISDA published its long-awaited IBOR Fallbacks Supplement to the 2006 ISDA Definitions (the Supplement) and Protocol on October 23, 2020. The Supplement and Protocol provide a standardized and efficient means of transitioning derivatives contracts currently referencing IBORs to risk-free rates (more information on which can be found in our earlier blog post). Market participants are reminded that the Supplement and Protocol will become effective on January 25, 2021 (the Protocol Effective Date). At ...