Sector Regulation Sector Regulation

Libor-linked contracts would offer more legal certainty under US Fed panel's draft New York bill

By Neil Roland
  • 06 Mar 2020 17:52
  • 06 Mar 2020 17:52
Libor-linked contracts would yield more legal certainty when the benchmark is discontinued under a draft New York state bill proposed by the US Federal Reserve-sponsored panel overseeing the transition from Libor.

“Many existing contracts lack any provisions that deal with the end of Libor or have provisions that would cause significant economic impacts

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