1. Home
  2. |Insights
  3. |The Beginning of the End of the End: Transitioning Loans and Derivatives from USD LIBOR in 2021

The Beginning of the End of the End: Transitioning Loans and Derivatives from USD LIBOR in 2021

Client Alert | 1 min read | 03.10.21

On March 5, the UK’s Financial Conduct Authority announced the dates on which USD and other LIBOR settings will cease to be published, officially marking the long-anticipated beginning of the end of a multi-year process to terminate LIBOR and transition markets to new benchmark rates. 

In this client alert, Julia Lu and John A. Clark compare model USD LIBOR fallback approaches that have been promulgated by policymakers and industry leaders in the U.S. syndicated loan market, on the one hand, and the over-the-counter derivatives market, on the other, and discuss two alternative strategies for market participants seeking to minimize basis risk arising from different fallback approaches.

Click here to read the client alert. 

Contacts

Insights

Client Alert | 7 min read | 09.29.25

White House Seeks Industry Input on Laws and Rules that Hinder AI Development

On September 26, the White House invited the public to submit comments on Federal laws, rules, and policies that “unnecessarily hinder” the development or deployment of artificial intelligence (AI) technologies in the United States. This request marks one of the Trump Administration’s most substantial moves yet to reduce the regulatory burden on AI. Respondents may submit comments through a government website until October 27, 2025....