Sarah Smith

Dechert LLP

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Term SOFR is Here - The ARRC Recommends CME Group’s Term SOFR Rates for Use

An update from the Dechert LIBOR taskforce - On July 29, 2021, the Alternative Reference Rates Committee (the “ARRC”) formally recommended the forward-looking term rates based on the secured overnight financing rate (“SOFR”)...more

8/24/2021  /  Banking Sector , Financial Conduct Authority (FCA) , Interest Rates , Libor , Secured Overnight Funding Rate (SOFR) , UK
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