CFTC Issues No-Action Relief for Derivatives Market IBOR Transition

Latham & Watkins LLP

While not unlimited, the relief is welcome for counterparties seeking to transition to risk-free rates for legacy swaps.

The US Commodity Futures Trading Commission (CFTC) has issued no-action relief to help market participants transition away from the London Interbank Offered Rate (LIBOR) and other interbank offered rates (collectively, the IBORs).

Please see full Alert below for more information.

LOADING PDF: If there are any problems, click here to download the file.

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.

© Latham & Watkins LLP | Attorney Advertising

Written by:

Latham & Watkins LLP

Latham & Watkins LLP on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide

This website uses cookies to improve user experience, track anonymous site usage, store authorization tokens and permit sharing on social media networks. By continuing to browse this website you accept the use of cookies. Click here to read more about how we use cookies.