Statement No. 330: LIBOR Reform Download PDF The recent settlement by the U.K’s Barclays bank over its manipulation of its LIBOR (London Inter-Bank Offered Rate) submissions to the British Bankers ...

The recent ICAP fine for Libor-rigging has again pushed the interbank rate into the spotlight, but according to Rate Validation Services CEO Kevin Milne benchmark reform efforts are progressing well.

The Financial Conduct Authority (FCA) is just one regulator that has directed firms to move away from the use of benchmarks such as the London interbank offered rate (Libor) in favour of alternative ...

LONDON (Reuters) - Libor, the interest rate at the center of an international rate-rigging investigation, must not be scrapped hastily and any shift to alternatives should be gradual to avoid market ...

Federal Reserve Chairman Ben Bernanke cast doubt Tuesday that a critical financial rate used by banks to set interest rates for loans is reliable. Bernanke called the Libor system "structurally flawed ...

LONDON, July 30 (Reuters) - Britain is seeking urgent reform of the key interest rate rigged by a number of banks, including Barclays, in a transatlantic scandal that is threatening to seriously ...

Time is running out for market participants to prepare for when Libor ceases to be published by the end of 2021—a reality still on track despite the far-reaching disruptions caused by the Covid-19 ...

The acceleration of the LIBOR transition ahead of its partial phase-out at the end of 2021 sparked huge demand for tools to help firms transition smoothly. Ever since the announcement in 2017 that ...