IOSCO Proposes Revisions To Commodity Derivatives Market Principles – Finance and Banking

Mayer Brown

On July 29, 2021, the Alternative Reference Rates Committee (“ARRC”) formally recommended the CME Group’s forward-looking term SOFR rates (“Term SOFR”).

Mayer Brown

The administrator for LIBOR and other inter-bank offered rates, ICE Benchmark Administration (“IBA”), confirmed on March 5, 2021 its previously announced dates for LIBOR cessation.