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Europe Daily Bulletin No. 12774

24 August 2021
Contents Publication in full By article 25 / 27
NEWS BRIEFS / Finance
European Commission consults on its draft statutory replacement rate for Swiss Franc LIBOR
23/08/2021 (Agence Europe)

23/08/2021 (Agence Europe)The European Commission launched a public consultation, from 3 to 31 August, on a draft implementing regulation proposing a statutory replacement rate for the Swiss Franc LIBOR (CHF LIBOR), which will cease to be published on the 1 January 2022 (see EUROPE B12684A34). Thirty-five billion euros of CHF LIBOR mortgage contracts currently exist in the European Union, particularly in Poland, Austria, Slovenia, the Netherlands and France. “The lack of a clear and...

Contents

BEACONS
EXTERNAL ACTION
EU RESPONSE TO COVID-19
SECTORAL POLICIES
ECONOMY - FINANCE - BUSINESS
NEWS BRIEFS