News stories tagged ARRC
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‘Time to move’ from LIBOR, group recommends
(Oct. 15, 2021) It’s “time to move” from LIBOR now by slowing the use of the reference rate by year’s end to foster a smooth completion of the rate’s overall...
BRIEFLY: NCUA LICU grants available; NY legislation on LIBOR signed into law
(April 9, 2021) Approximately $1.5 million in awards to support digital services and cybersecurity, mentoring of small minority depository institution (MDI) credit unions, and service to underserved communities will be...
‘No scenario’ for continued use of LIBOR, Fed governor asserts
(March 26, 2021) The Federal Reserve’s top supervisor this week made it clear that the future of LIBOR as a reference rate for such products as adjustable-rate mortgages will be...