On 7 May 2021, ICE Benchmark Administration Limited (IBA) published a consultation on its intention to cease the publication of ICE Swap Rate settings based on GBP LIBOR. The consultation is open for feedback until 5pm on 4 June 2021. The consultation is not, and must not be taken to be, an announcement that IBA will cease or continue the publication of GBP LIBOR ICE Swap Rate, or any other ICE Swap Rate settings, after December 31, 2021, or any other date. IBA expects to consult on the potential cessation of USD LIBOR ICE Swap Rate in due course.