PS21/13: LIBOR transition and the derivatives trading obligation

The Financial Conduct Authority issued Policy Statement PS21/13 to finalize rules regarding the transition from LIBOR and the associated derivatives trading obligation. The document establishes the regulatory framework for market participants to manage the cessation of LIBOR benchmarks in financial contracts. It outlines specific requirements and timelines to ensure market stability and compliance during the benchmark transition period.

United Kingdom

Financial Conduct Authority

Show thumbnailShow full textSourceAdd to collection

Show full text

Consultation opened: CP21/22 Read more about Consultation opened: CP21/22

14/07/2021

Consultation closed

25/08/2021

Policy Statement: PS21/13 Read more about Policy Statement: PS21/13

15/10/2021

15/10/2021