U.k. financial conduct authority announces cessation of one and six month “synthetic” sterling libor at the end of march 2023

London--(business wire)--intercontinental exchange, inc. (nyse:ice), a leading global provider of data, technology, and market infrastructure, today announced that the u.k. financial conduct authority (fca) has decided to require ice benchmark administration limited (iba) to continue to publish 1- and 6-month “synthetic” sterling libor settings until march 31, 2023. the fca has announced that, following the results of a consultation, it has no intention to use its powers to compel iba to contin
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