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As we enter the critical final year of LIBOR transition in the sterling market, the Discontinuation of LIBOR - Guide for banks and lenders is intended as useful toolkit for members to support their engagement for the move away from LIBOR and to sign post to the relevant information to support preparations.
Though particularly useful for those who may have been less engaged with the RFR Working Group to date, we hope it will serve as a helpful reference point for all to facilitate full engagement and promote readiness to face the necessary changes during 2021.
The Guide has the following two broad objectives:
We would like to thank UK Finance associate member PwC for their invaluable support. For more information on the work UK Finance is undertaking on LIBOR transition, please contact the team at liborcoreteam@ukfinance.org.uk
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