Category: IBOR Firms

IBOR Firms – IBORConsultant.com

FSB publishes global transition roadmap for LIBOR

Press enquiries: +41 61 280 8138 [email protected][1] Ref no: 40/2020 The Financial Stability Board (FSB) today published a global transition roadmap for LIBOR[2]. The roadmap sets out a timetable of actions for financial and non-financial sector firms to take in order to ensure a smooth LIBOR transition by end-2021. In July the FSB reaffirmed[3] that financial and non-financial sector firms across...

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Best’s Commentary: LIBOR Transition Poses Operational and Legal Challenges for Insurers

OLDWICK, N.J.–(BUSINESS WIRE)–Oct 13, 2020– With less than a year and a half to go before the London Interbank Offered Rate (LIBOR) will no longer be available, several areas of concern remain, according to a new AM Best commentary. A review of AM Best-rated insurer debt, as detailed in a Best’s Commentary, titled, “LIBOR Transition Poses Operational and Legal Challenges...

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Factor Partners with Magic Circle Firm Allen & Overy to Offer Comprehensive LIBOR Solution

New analysis from Factor estimates that 2 in 5 of the 100 million contracts using the London Interbank Offered Rate (LIBOR) have no language dealing with cessation of the benchmark, and will require remediation prior to it being discontinued at the end of 2021 With this in mind, Factor today announced it has entered into a non-exclusive partnership with the global law...

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IBOR Transition Digest – Finance and Banking – Worldwide

To print this article, all you need is to be registered or login on Mondaq.com. Welcome to the latest issue of Mayer Brown’s IBOR Transition Digest—a periodic compendium of global regulatory and market developments and insights on the complex issues confronting financial market participants as they plan to transition from LIBOR and its variants to replacement benchmark interest rates. As attention...

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