Regulatory AlertsFS21/12: Decisions on the use of LIBOR (Articles 23C and 21A BMR)
The Financial Conduct Authority issued this feedback statement following its consultation on the transition away from LIBOR. It outlines the regulator's decisions regarding the use of LIBOR under Articles 23C and 21A of the Benchmark Regulation. The document provides final guidance on the fallback mechanisms and regulatory expectations for financial contracts referencing these benchmarks.
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