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LIBOR transition resources
Latest news and strategies for LIBOR transition
Regulators in the US and abroad have indicated that firms will likely need to transition from LIBOR by the end of 2021. LIBOR impacts organizations in numerous ways, from LIBOR-based loans to core operating processes. This page serves as a one-stop shop for the latest on the LIBOR transition.
- LIBOR transition: Setting your firm up for success
- US LIBOR Transition Newsletter
- LIBOR transition: An industry update and recent lessons learned
- Lets talk
- Related topics
LIBOR transition: Setting your firm up for success
Regulators globally have signaled that firms should transition away from the London Interbank Offered Rate (LIBOR) to alternative overnight risk-free rates (RFRs). Andrew Bailey, chief executive of the United Kingdom Financial Conduct Authority, has stipulated that this should happen by the end of 2021.
However, the rate is so embedded in the day-to-day activities of providers and users of financial services that completing transition will be a complex and time-consuming task which could give rise to major risks for firms and their customers. It is vital that boards take action now, but how do they navigate these issues, against a backdrop of uncertainty, and deliver one of the (if not the) biggest transformation projects they have ever faced? This report is designed to help board members and executives to understand what is needed to drive the transition.
US LIBOR Transition Newsletter
In the past weeks, there has been a heightened focus on pre-cessation triggers, progress made towards calculating fallback adjustments and proposed new guidance related to tax consequences of the transition from LIBOR to alternative reference rates. Read here a summary of the US regulatory and market updates related to the transition from LIBOR.
LIBOR transition: An industry update and recent lessons learned
With the financial transition targeted for 2021 drawing near, financial services organizations are moving quickly to prepare themselves for a post-LIBOR world. Moreover, regulators are increasing their scrutiny of organizations' preparations and focus areas. We'll discuss:
- The influence that global regulators are having on LIBOR transition and the adoption of alternative reference rates.
- A snapshot of where organizations are in the broader transition life cycle.
- An in-depth look into pain points organizations is facing as they transition away from LIBOR.
Participants will gain new insights on the approaching transition away from LIBOR, how regulators are preparing, and some of the lessons learned as organizations make their own preparations.
Successful LIBOR transition management strategies
SOFR, SONIA, EONIA, SARON, and TONAR