As part of its efforts to facilitate a consistent London Interbank Offered Rate (LIBOR) transition for its Member banks by the end of 2021, the MBA’s Working Group on LIBOR transition has prepared two sets of Frequently Asked Questions (FAQ) on the subject.
The long form FAQ is aimed at finance professionals & larger businesses, while the standard version targets the public, and small businesses. Member banks would also be uploading the set of FAQ on their individual websites, for clients’ information and benefit.
The Bank of Mauritius has also issued an updated Guidance on LIBOR Transition, in light of the latest international developments.
Download both versions of the FAQ brochure from the link below: