Consultation on Libor cessation expected in September

IBA must consult market before formal announcement can be made at year-end

Vote stop montage

The market could get its first hint of which Libor benchmarks will be killed off at the end of 2021 in a consultation expected to take place as early as September.

The UK’s Financial Conduct Authority (FCA) has indicated the market may get as much as a year’s notice of the discontinuation of any individual Libor rate. Edwin Schooling Latter, the FCA’s director of markets policy, said last month an announcement – either from the regulator or Libor’s administrator – could come as early as

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here