Update to the Global Transition Roadmap in light of announcements made confirming LIBOR cessation dates and associated proposals by authorities and national working groups.
LIBOR and other benchmarks
2 June 2021
Report considers the use of forward-looking risk-free rate term rates as alternatives to overnight risk-free rates.
FSB statement on the use of the ISDA spread adjustments in cash products.
This statement encourages authorities to ensure that regulated entities align their use of new LIBOR contracts with the relevant timelines for the respective currency, regardless of where the trades are booked.
Statements and documents set out recommendations for stakeholders to consider when transitioning away from LIBOR.