ISDA asks for Libor 'clarity' from FSB

Libor adobe stock 230x150 AS
By GlobalCapital
05 Dec 2019

The International Swaps and Derivatives Association (ISDA) has called for more clarity from regulators on the terms surrounding the cessation of Libor.

In a letter sent to the co-chairs of the Financial Stability Board (FSB) official sector steering group this week, ISDA said confirmation is needed from the UK’s Financial Conduct Authority (FCA) and the ICE Benchmark Administration that a non-representative Libor ratewould only be published for a relatively ...

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