United States:
Federal Register: IRS Proposes LIBOR Transition Rules
22 October 2019
Cadwalader, Wickersham & Taft LLP
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The IRS proposal amending certain regulations to address the
transition from interbank offered rates ("IBORs") to
other reference rates for debt instruments and non-debt contracts
was published in the Federal Register (see prior coverage). Comments and requests for a
public hearing must be submitted by November 25, 2019.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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