September 29, 2021

UK Financial Conduct Authority Announces that it will Compel ICE Benchmark Administration to Publish 1-, 3- and 6-Month Sterling and Japanese yen “synthetic” LIBOR

LONDON–(BUSINESS WIRE)–Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today noted that the UK Financial Conduct Authority (FCA) will compel ICE Benchmark Administration Limited (IBA), the authorized and regulated administrator of LIBOR®, to publish the 1-, 3- and 6-Month sterling and Japanese yen LIBOR settings under a changed, unrepresentative, “synthetic” methodology for a limited time period after the end of 2021. On Ma


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