Understanding the LIBOR transition
In 2017, the Financial Conduct Authority (FCA) announced its intention to end the use of LIBOR by 2022. Banks and other financial institutions around the world are now preparing for these changes.
To help you understand what this means for your business, we’ve prepared some Frequently Asked Questions to provide a general overview of the changes, and how they may impact your operations.
For more information, contact your financial services provider or take a look at the guidance provided by the Bank of England and UK Finance.