Tag: Libor

Business Law & Regulations, Finance

CFPB Issues Final Rule Addressing LIBOR Transition

December 8, 2021

Via: LexBlog

On 7 December 2021, the Consumer Financial Protection Bureau (“CFPB”) issued a Final Rule to facilitate LIBOR transition, via amendments to Regulation Z. The amendments take effect on 1 April 2022, and compliance becomes mandatory on 1 October 2022. Financial […]

Business Law & Regulations, Finance

Finance Executives Look to Advance Libor Transition in 2021

December 30, 2020

Via: The Wall Street Journal

Efforts to skip the London interbank offered rate for new transactions by end of next year are forcing finance executives to take stock of their contracts, communicate with banks and investors and adjust their interest-rate cost calculations. Global policy makers […]