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 move to reform LIBOR, and to transform it into a benchmark based on actual trade data, is set to proceed this year under a plan unveiled Thursday by London, U.K.-based ICE Benchmark Administration ...

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 ...

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 ...

Today’s HousingWire Daily interview features a crossover episode from HousingWire’s Housing News podcast. In this episode, Michael Bright, CEO of Structured Finance Association, discusses findings in ...

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 ...

Financial institutions and other industries globally are working to replace the London Interbank Offered Rate (LIBOR). By the end of 2021, LIBOR is expected to be phased out, which necessitates ...

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 ...

NEW YORK (Reuters) - Libor reforms announced on Friday are seen as unlikely to cause large market shifts in the near term, though some see changes as likely to add some volatility in short-term bank ...