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Showing 71 to 80 of 199 search results for interest rate benchmark LIBOR.
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Ending reliance on LIBOR: Overview of progress made on transition to overnight risk-free rates and what remains to be done
Speech by Megan Butler, Executive Director of Supervision – Investment, Wholesale and Specialists at the FCA, delivered at the Investment Association, London. -
FCA fines five banks £1.1 billion for FX failings and announces industry-wide remediation programme
The Financial Conduct Authority (FCA) has imposed fines totalling £1,114,918,000 ($1.7 billion) on five banks for failing to control business practices in their G10 spot foreign exchange (FX) trading operations: Citibank N.A. £225,575,000 ($358 -
Bank of England and Financial Conduct Authority appoint new Chair of the Sterling Risk Free Reference Rates Working Group
The Bank of England and Financial Conduct Authority (FCA) have today announced the appointment of Tushar Morzaria as the new Chair of the Sterling Risk Free Reference Rates Working Group (the Working Group). Tushar has been the Chief Financial -
Chief Executive speaks at APM about recent work and future challenges
Speech by Andrew Bailey, Chief Executive at the FCA, delivered at our 2016 Annual Public Meeting. -
Transforming to a forward-looking, proactive regulator
Speech by our CEO, Nikhil Rathi, delivered at the FCA’s Our Role and Business Plan webinar. -
Barclays fined £26m for failings surrounding the London Gold Fixing and former Barclays trader banned and fined for inappropriate conduct
The investigation and outcomes in that case meant that the firm, and Plunkett, were clearly on notice of the potential for conflicts of interests around benchmarks. ... We expect all firms to look hard at their reference rate and benchmark operations to -
FCA and Bank of England encourage switch from LIBOR to SONIA for sterling interest rate swaps from Spring 2020
The FCA and the Bank of England encourage market makers to change the market convention for sterling interest rate swaps from LIBOR to SONIA (the Sterling Overnight Index Average) in Q1 2020. This change is intended to move the greater part of new -
UK Benchmarks Regulation
The Benchmarks Regulation (BMR) aims include ensuring benchmarks are robust and reliable. Learn more about how this affects you and the different benchmarks. -
Announcements on the end of LIBOR
The FCA has announced the dates that panel bank submissions for all LIBOR settings will cease, after which representative LIBOR rates will no longer be available. -
Benchmarks
Benchmarks are used in a wide range of markets including helping to set prices and measure performance. Find out more about Benchmarks and our work in this area.