IBA Publishes Position Paper On LIBOR

Author:Mr Howard S. Altarescu, Timothy T. Brown, Harry Denlegh-Maxwell, Francesca Drake, Edward G. Eisert, Steven J. Fink, David Griffiths, Craig Johnston, Douglas S. Mintz, Richard Moudiotis, Robert B. Moyle, Katrina Murphy, Sushila Nayak, David L. Ridenour, Paul F. Rugani, Katie Lieberg Stowe, Darren S. Teshima and Boris Volodarsky

On October 20, ICE Benchmark Administration Limited (IBA) published a position paper on the evolution of the London Interbank Offered Rate (LIBOR) (also known as ICE LIBOR).

The paper sets out: IBA's findings since it became the administrator of LIBOR in February 2014; proposed enhancements following the Financial Stability Board's publication on Reforming Major Interest Rate Benchmarks; and an invitation for views on the...

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