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Working Groups Bank of England

Latham & Watkins LLP

FCA Indicates LIBOR Transition Deadline Will Not Be Extended Due to COVID-19

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The FCA, the Bank of England, and members of the Working Group on Sterling Risk-Free Reference Rates have stated that firms should still plan for the transition away from LIBOR at the end of 2021. On 25 March 2020, the...more

A&O Shearman

UK Regulators Push For More Action on LIBOR Transition

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The Bank of England, U.K. Prudential Regulation Authority, U.K. Financial Conduct Authority and the Working Group on Sterling Risk-Free Reference Rates have published a set of documents outlining priorities and milestones for...more

A&O Shearman

Bank of England Consults on Term SONIA Reference Rates

A&O Shearman on

The Bank of England's Working Group on Risk-Free Reference Rates has launched a consultation on term reference rates for the Sterling Overnight Index Average....more

A&O Shearman

EU and UK to Establish Technical Working Group for Risk Management Around Brexit

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The European Commission and HM Treasury have announced that the European Central Bank and the Bank of England will establish a technical working group on risk management in the period around March 30, 2019 for financial...more

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