You are required to: investigate why there has been a move away from the use of Libor. Possible alternatives proposed include, but are not limited to: not limited to SOFR, Ameribor, and BSBY.

Required:

The report should be structured in the following manner:

A critical analysis of why Libor should no longer be used

Which reference rate should now be used (as opposed to what is being used) and a critical analysis of why you believe this.

What the impact of a move from Libor to the current method was for financial markets

Any other issues you may wish to raise This should include any recommended improvements.