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The end of LIBOR: Time for businesses to prepare for transition

  • Published date: 16.09.2020

Liberating Accounting Relief for LIBOR, 27 November

Regulators have announced a transition away from the InterBank Offered Rates (IBOR or IBORs) to alternative Risk Free Rates (RFR or RFRs). Interest Rate Benchmark Reform will fundamentally impact banks and other lenders, regardless of whether report under IFRS and UK GAAP.

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