Summary of 2023 LIBOR Transition Interim Final Rule

Updated 05/04/2023

This tool summarizes the CFPB’s Interim Final Rule amending Regulation Z to reflect recent terminology changes associated with the LIBOR sunset. The following are the key takeaways of the changes:

  1. Updates the terminology related to LIBOR replacement indices; and
  2. Provides an example of the replacement index for the 12-month LIBOR tenor.



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