2022: A big year for benchmark interbank offered rate reform

In this article – “2022: A big year for benchmark interbank offered rate reform” – we review the significant developments regarding the transition of the Canadian benchmark rate, the Canadian Dollar Offered Rate, to the Canadian Overnight Repo Rate Average and the important considerations involved for the year ahead.

This article is authored by Lisa Mantello, partner, and Jasmyn Lee, associate, both in the Banking and Financial Services practice.

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Our Legal Year in Review, published December 7, 2022, provides general information only and does not constitute legal or other professional advice. Specific advice should be sought in connection with your circumstances.

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