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Statement on LIBOR Transition - November 30, 2020
Nov 30, 2020 · November 30, 2020 . The Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation (collectively, the agencies) are issuing this statement to encourage banks to transition away from U.S. dollar (USD) LIBOR as soon as practicable. 1. Background and Discussion
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