Sector Regulation Sector Regulation

Synthetic Libor likely where consumer protection, integrity, under threat, UK's FCA says

By Fiona Maxwell
  • 20 May 2021 07:48
  • 20 May 2021 07:46
Continued use of the London Interbank Offered Rate benchmark could be available after its demise if consumer protection and integrity objectives are at risk, the UK’s Financial Conduct Authority said today.

A synthetic version of Libor is under consideration as the FCA gains new powers under the UK government’s post-Brexit Financial

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