Archives - LIBOR and other benchmarks
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11 October 2023 Promoting Global Financial Stability: 2023 FSB Annual Report
Report presents the FSB’s assessment of current and emerging vulnerabilities in the global financial system and reflections from the March banking turmoil; outlines the FSB’s work to address these vulnerabilities; and reports on the implementation and effects of G20 financial reforms. -
11 October 2023 Annual Report highlights FSB’s work to assess and address vulnerabilities in the global financial system
2023 annual report to the G20 describes reflections on the March banking turmoil, financial stability outlook, the FSB’s priority areas of work and the implementation and effects of the financial regulatory reforms -
28 July 2023 Final Reflections on the LIBOR Transition
FSB statement following the end of the remaining USD LIBOR panel at the end of June 2023. -
27 April 2023 FSB Statement to encourage final preparations for the USD LIBOR transition
FSB urges market participants to act expeditiously to ensure an orderly transition and that their legacy contracts are prepared to transition by end-June 2023. -
16 December 2022 FSB encourages final transition to robust reference rates as cessation of remaining LIBOR panels approaches
Report provides an assessment of progress in transition from LIBOR and other benchmark and urges continued momentum for the last stage of transition. -
16 December 2022 Progress Report on LIBOR and Other Benchmarks Transition Issues: Reaching the finishing line of LIBOR transition and securing robust reference rates for the future
This progress report on assesses progress in transitioning away from LIBOR and other benchmarks, in particular in advance of the 2023 cessation of remaining panel-based USD LIBOR settings. -
11 May 2022 Diverse challenges, common threads: preserving global financial stability today and tomorrow
FSB Chair Klaas Knot speaks at the International Swaps and Derivatives Association (ISDA) 36th Annual General Meeting. -
5 April 2022 FSB Statement Welcoming Smooth Transition Away from LIBOR
This statement takes stock of the transition from LIBOR, following the end-2021 transition milestone, sets out key messages for market participants for 2022-23 and information on the FSB’s future work to support the transition. -
5 April 2022 FSB welcomes smooth transition from LIBOR
Following years of preparation, the end of 2021 marked a major milestone in the transition away from LIBOR and the FSB welcomes the smooth transition to robust alternative rates across global markets, primarily overnight risk-free or nearly risk-free rates. -
22 November 2021 FSB Statement to Support Preparations for LIBOR Cessation
This statement on LIBOR transition outlines steps to be taken in advance of LIBOR cessation at the end of 2021, both for new contracts and for legacy contracts.