See the link below on The Fix- Why is LIBOR important to Financial Management?
Organizational controls are extremely important issues as is a level playing field, it has been tilted by the LIBOR scandal, please see the link below on The Fix- Why is LIBOR important to Financial Management? The latest information on the LIBOR transition is also posted in the second link.
https://www.theguardian.com/business/2017/jan/18/libor-scandal-the-bankers-who-fixed-the-worlds-most-important-number
https://www.shearman.com/perspectives/2019/05/latest-developments-in-the-transition-from-the-libor-lending-benchmark?utm_source=Mondaq&utm_medium=syndication&utm_campaign=View-Original
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