Luxembourg:
Interbank Offered Rates (IBORs) Transition (Video)
17 September 2019
Arendt & Medernach
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Historically, IBORs proved to be prone to manipulations. The
Benchmarks Regulation has brought to light structural weaknesses in
the governance of IBORs. As a response to the standards set out by
the new EU regulatory framework, a transition from some of the main
IBORs to new benchmarks is underway.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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