CFPB LIBOR proposal aids transition

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CUNA expressed appreciation for the CFPB’s proactive effort to facilitate the LIBOR transition for consumer financial products in response to LIBOR’s planned discontinuation after 2021. The CFPB intends for a final rule on LIBOR to take effect on March 15, 2021.

https://news.cuna.org/articles/118214-cfpb-libor-proposal-aids-transition