Following a corresponding press statement which announced the finalization of a rule to im ...
Following a corresponding press statement which announced the finalization of a rule to implement a new Statutory Instrument, namely 12 CFR Part 253, to transpose the Adjustable Interest Rate (LIBOR) Act of 2021, the Federal Reserve Board (FED) has now published in the Federal Register (FR) this final rule with a final effective date. Specifically and as previously stated, the Board’s new rule determines ...