Ed Ivey quoted in IFLR article: USD Libor survey, part IV:ARRC and Fed’s Libor transition management deemed ‘disruptive’ by market
Moore & Van Allen (MVA) Financial Services Counsel Ed Ivey has been quoted in the Practice Insights from IFLR article, “USD Libor survey, part IV:ARRC and Fed’s Libor transition management deemed ‘disruptive’ by market” which was published on December 22.
The Alternative Reference Rates Committee’s (ARRC) and Federal Reserve’s (Fed)handling of the USD Libor transition has caused significant discontent among US market participants, results from our IFLR survey have revealed.
Nearly 50% of respondents either strongly or moderately disapproved of the
authorities’ overall approach and management of the transition, compared to 37%who strongly or moderately approved. A further 15% were neutral.
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