(Hedge Fund Law Report) The possibility of a significant change to, or discontinuation of, the London Interbank Offered Rate (LIBOR) has been discussed for some time. A recent speech by Andrew Bailey, Chief Executive of the U.K. Financial Conduct Authority, however, has crystallized the issue and made it appear almost certain that LIBOR will eventually cease to be published.
How Hedge Fund Managers Can Prepare for the Anticipated “End” of LIBOR
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