Benchmarks Update

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FCA Consultation Paper sets out proposed approach to compelling LIBOR contributions.

The FCA has published a Consultation Paper (CP17/5), setting out its proposed approach to the use of its compulsion powers under the EU Benchmarks Regulation (BMR) in relation to LIBOR.

Please see full publication below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

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