What is the timeline to transition away from LIBOR?

On March 5, 2021 the FCA announced that the LIBOR benchmark rates for 1-week and 2-month LIBOR will no longer be representative after December 31, 2021. All other tenors, including 1-month, 3-month, and 6-month LIBORs, will be no longer representative after June 30, 2023.

Learn more about the full transition here.