Clifford Chance
Sterling LIBOR transition – 2020 Roadmap
30 January 2020
The UK regulators, in a series of co-ordinated publications, have stepped up their warnings to market participants to move away from the use of sterling LIBOR. Although there has already been much progress in the markets, this is a clear sign that momentum is expected to increase during the course of 2020 in order for market participants to be ready for the cessation of LIBOR in 2021.
In this note, we explore these publications and their implications.
