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CFPB sets hard 2023 date for end of LIBOR 

Dec 07, 2021By

The Consumer Financial Protection Bureau (CFPB) issued a final ruling Tuesday that will progress financial institutions away from the LIBOR index rate for consumer financial products. The CFPB ruled that no new financial contracts may reference LIBOR as the relevant index after the end of 2021, and beginning June 2023, LIBOR can no longer be […]

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