FCA urges switch away from LIBOR benchmarks as underlying market thins

Jonathan Stapleton
clock • 4 min read

The Financial Conduct Authority has said LIBOR is likely to end by 2021 and has urged markets to begin transitioning to alternative benchmarks.

Speaking at Bloomberg today, the watchdog's chief executive Andrew Bailey said the regulator had worked hard to maintain and improve the London Interbank Offered Rate (LIBOR) - the rate used for be...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Schroders Capital says continuation market will exceed $330bn by 2035

Schroders Capital says continuation market will exceed $330bn by 2035

Structural dynamics continue to extend private equity ownership

Jonathan Stapleton
clock 03 July 2026 • 4 min read
Credit and LDI in the DB endgame

Credit and LDI in the DB endgame

How credit allocations can complement LDI under a variety of strategic endgame pathways

Professional Pensions
clock 02 July 2026 • 39 min read
British Coal scheme appoints BlackRock for £8bn fiduciary management brief

British Coal scheme appoints BlackRock for £8bn fiduciary management brief

Deal is latest in a line of substantial UK scheme outsourcing deals

Jonathan Stapleton
clock 01 July 2026 • 2 min read
Trustpilot