- The Bank of England Governor, Andrew Bailey, expressed worries that those who try to look for an easy descent by substitution LIBOR for credit sensitive rates, would risk the progress the LIBOR transition process has already made
- While removing reliance on expert judgement, they veneer over the fundamental challenges of thin and incomplete markets through the extrapolation of data
- https://www.assetservicingtimes.com/assetservicesnews/regulationarticle.php?article_id=11817&navigationaction=regulationnews&newssection=Regulation