The MBA Working Group (WG) on the London Interbank Offered Rate (LIBOR) Transition continues to meet regularly to take stock of latest developments and discuss key issues impacting LIBOR discontinuation. The WG has prepared a set of FAQs for clients on the subject, as part of its initiatives to facilitate a smooth LIBOR transition for the MBA’s member banks. The next step will be to engage with the Central Bank on this matter.
