On February 10, 2021, the Office of the Comptroller of the Currency (the “OCC”) published OCC Bulletin 2021-7, Libor Transition: Self-Assessment Tool for Banks, in order to help OCC-regulated financial institutions to identify and mitigate risks related to preparedness for the expected cessation of the London InterBank Offered Rate (“LIBOR”).

A checklist styled Self-Assessment Tool accompanies the Bulletin and consists of 37 questions across four general subject areas that each have one or more overarching questions as an objective.   
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