The Financial Stability Board (FSB) has issued a statement on LIBOR transition looking ahead to the 31 December 2021 deadline.

The statement can be found here.

Alongside the statement the FSB has published an updated transition roadmap that provides an overview of useful transition steps.  

Likewise, the FSB has published two papers to help firms with their transition efforts. One paper that covers the various overnight RFRs and term rates (here) and one that delves into the use of the ISDA spread adjustments for cash products (here).

Tarek Tranberg
Head of Public Affairs & Policy
European Association of Corporate Treasurers – EACT

E tarek.tranberg@eact.eu   L: LinkedIn