Publications

Clock keeps ticking for Libor

Authors: Beppe Degiorgio
Published on June 5, 2019
Tags:
Practices: Banking Regulatory
As I wrote in my article in the Times of Malta on 21 November 2017, the London Interbank Offered Rate, Libor, (which measures the cost of unsecured borrowing between banks for a specific period) is expected to be phased out by 2021 and given its widespread use, this is proving to be a gargantuan task.