By
Aaron Nicodemus2020-02-12T20:04:00
Federal Reserve Chair Jerome Powell told Congress he does not expect federal legislation will be needed to address the demise of the London Interbank Offered Rate, which is set to expire in 2021.
You are not logged in and do not have access to members-only content.
If you are already a registered user or a member, SIGN IN now.
2020-11-30T19:17:00Z By Aaron Nicodemus
U.S. banking regulators are encouraging financial institutions to stop entering into new contracts that use the U.S. dollar LIBOR as a reference rate ahead of its slated expiration at the end of 2021.
2020-08-07T14:47:00Z By Kyle Brasseur
Focus on LIBOR transition may have slipped during the coronavirus pandemic, but the recent conversation among regulators is once again looking toward life after the soon-expiring reference rate.
2020-03-19T14:33:00Z By Maria L. Murphy
FASB has issued a temporary standards update intended to reduce the costs and complexities surrounding reference rate reform.
2026-04-07T20:49:00Z By Adrianne Appel
A rule overhaul proposed by the U.S. Treasury Department’s Financial Crimes Enforcement Network is designed to reduce compliance burden. would free up banks from tracking all but the most egregious illicit financial activities.
2026-04-03T18:20:00Z By Ruth Prickett
On Oct. 11, 2027, the EU, U.K., and Switzerland will move to T+1 securities settlement. The date may seem distant, but the challenges are considerable.
2026-04-03T17:33:00Z By Neil Hodge
The U.K.’s plans to revise how companies report more meaningfully on the impact their operations have on the environment will mean organizations will have to dig for better data to satisfy regulators—even if they decide that compliance with the proposed rules is not appropriate for them under the option of ...
Site powered by Webvision Cloud