You can use the search function to find a range of UK Finance material, from consultation responses to thought leadership to blogs, or to find content on a range of topics from Capital Markets & Wholesale to Payments & Innovation.
The transition away from LIBOR has been a significant undertaking across the financial services industry and its clients.
LIBOR is a series of benchmark rates which underpinned hundreds of trillions of financial products for customers globally, with key impacted businesses and functions including capital markets, commercial lending, retail banking and wealth management, investment management, mortgages, market infrastructure and corporate treasury.
UK Finance has committed to supporting our members and their clients with the transition away from LIBOR onto alternative reference rates. Our focus has centred on supporting members with the sterling transition including:
Though we have now reached the conclusion of the main transition roadmap in the sterling market, the UK Finance team will continue to support members on transition related issues through some ongoing policy and intelligence-sharing, particularly with regards to the transition in the USD market. UK Finance’s cross-cutting LIBOR transition activity remains open all to impacted members across product areas. Please contact liborcoreteam@ukfinance.org.uk to find out more on our ongoing work to support the industry’s preparations for transition.
By downloading this document, you understand and agree that any sharing, distribution or republishing of the content, without prior written authorisation from the author or content managers at UK Finance, shall be constituted as a breach of the UK Finance website terms of use.