LIBOR resources

Find all news, statements, speeches and publications on LIBOR.

FCA news and statements

Title Date

The US dollar LIBOR panel has now ceased

July 2023
US dollar LIBOR panel – 1 month to go May 2023
Joint statement with the Bank of England and industry working group on LIBOR transition April 2023
FCA announces decision on synthetic US dollar LIBOR  April 2023
Further consultation and announcements on the wind-down of LIBOR November 2022
FCA announces decision on cessation of 1- and 6-month synthetic sterling LIBOR at end-March 2023 September 2022
FCA encourages market participants to continue transition of LIBOR-linked bonds August 2022
Finalising LIBOR transition – achievements in sterling markets and what remains to be done February 2022
Changes to LIBOR as of end-2021 January 2022
FCA issues final messages on LIBOR before end-2021 December 2021
FCA confirms rules for legacy use of synthetic LIBOR rates and no new use of US dollar LIBOR November 2021
Further arrangements for the orderly wind-down of LIBOR at end-2021 September 2021
FCA and the Bank of England encourage market participants in a switch to RFRs in the LIBOR cross-currency swaps market from 21 September August 2021
FCA and Bank of England encourage market participants in a switch to SOFR in US dollar interest rate swap markets June 2021
FCA consults on proposed decision to require synthetic LIBOR for 6 sterling and Japanese yen settings June 2021
FCA consults on use of new powers to support orderly wind down of critical benchmarks May 2021
FCA and Bank of England encourage market participants in a switch to SONIA in the sterling exchange traded derivatives market May 2021
FCA and Bank of England encourage market participants in a switch to SONIA in the sterling non-linear derivatives market March 2021
Announcements on the end of LIBOR March 2021
FCA announcement on future cessation and loss of representativeness of the LIBOR benchmarks March 2021
The final countdown: Completing sterling LIBOR transition by end-2021 January 2021
FCA response to IBA’s proposed consultation on intention to cease US$ LIBOR November 2020
FCA consults on new benchmarks powers November 2020
FCA welcomes Financial Services Bill October 2020
FCA and Bank of England encourage market participants in further switch to SONIA in interest rate swap markets September 2020
FCA statement on planned amendments to the Benchmarks Regulation June 2020
Benchmarks Regulation – proposed new powers June 2020
Further statement from the RFRWG on the impact of Coronavirus on the timeline for firms’ LIBOR transition plans April 2020
Impact of the coronavirus on firms’ LIBOR transition plans March 2020
LIBOR contractual triggers March 2020
Next steps for LIBOR transition in 2020: the time to act is now January 2020
Conduct risk during LIBOR transition: Question and answers November 2019
The Bank of England and FCA launch next phase of sterling LIBOR transition work November 2017
Panel banks agree to support LIBOR until end 2021 November 2017