Uk Watchdog Tells Banks To Show Plans For Ending Libor Use - Latest News

UK watchdog tells banks to show plans for ending Libor use

LONDON, July 12 (Reuters) - Banks must show how they plan to shift from using Libor in financial contracts to "risk-free" interest rate benchmarks by the end of 2021, Britain's markets watchdog said o... read more

EU tells key market services to be hard Brexit-ready by year end

LONDON (Reuters) - Credit rating agencies and trade repositories licensed in the European Union must show by the end of this year they could cope with Britain crashing out of the bloc without a tradin... read more

Timeline: Credit crunch to downturn

Later in the week, figures from the UK's biggest lender Halifax, show a 0.9% annual fall for April. Swiss bank UBS, one of the worst affected by the credit crunch, launches a ... the government has ab... read more

Bartering is Iran's best hope to bypass sanctions

On 25 September, France, the UK ... tells Petroleum Economist that if the SPV is going to work, it will probably need to be entirely disconnected from the global payments system. That's because its ve... read more

UK watchdog tells banks to show plans for ending Libor use

LONDON (Reuters) - Banks must show how they plan to shift from using Libor in financial contracts to "risk-free" interest rate benchmarks by the end of 2021, Britain's markets watchdog said on Thursda... read more

UK watchdog tells banks to show plans for ending Libor use

LONDON (Reuters) - Banks must show how they plan to shift from using Libor in financial contracts to “risk-free” interest rate benchmarks by the end of 2021, Britain’s markets watchdog said on Thursda... read more