Legal
The UK’s LIBOR safe harbour legislation: a missed opportunity?
The Critical Benchmarks (References and Administrators’ Liability) Bill (Bill) was introduced to the UK Parliament and the first reading took place on 8 September 2021. The Bill introduces a legal ‘safe harbour’ within the primary legislative framework for the UK’s LIBOR legislative solution, the Financial Services Act 2021 (FSA 2021)….
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