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Published on Thursday, August 31, 2017 | Updated on Monday, September 4, 2017

U.S. | Libor: Is there a right time to pull the switch? And what are the risks of delay?

Financial institutions and traders can face operational risks if the switch to an alternative benchmark is delayed. A paced transition plan will be introduced for U.S. institutions. The Fed will likely ensure that institutions follow the plan and switch from Libor