CFTC issues no action relief on Libor as FSB ups pressure
![Libor_Fotolia_230x150](https://assets.euromoneydigital.com/dims4/default/6598aa7/2147483647/strip/true/crop/230x150+0+0/resize/840x548!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F7f%2Fe6%2Ff4dcee50d315dedd6674caf91eec%2Flibor.jpg)
The US Commodity Futures Trading Commission has issued no action relief for market participants’ transition from swaps referencing Libor to alternative reference rates.
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