Press Release: IAIS publishes supervisory recommendations to address remaining challenges of LIBOR transition in the insurance sector

IAIS report is a complement to the FSB-BCBS report and supports its recommendations for LIBOR transition The International Association of Insurance Supervisors (IAIS) today published its report – Supervisory issues associated with benchmark transition from an insurance perspective[1] – sharing findings and recommendations from a survey conducted amongst IAIS members. The report focuses primarily on LIBOR transition, given its predominant...

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Explosive Growth in RPA – Fisher Management Partners

The Robots Arrived Over a Decade Ago RPA is used by 400 of the Fortune 500.  Many finance organizations have released RPA capabilities within their organization, providing a tremendous learning experience and visibility into hard dollar business benefits. Leading RPA Vendors are now well-established, offering proven solutions.  UI Path began operations in 2005, and now boasts almost 3000 employees.  Automation Anywhere...

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Taking a Structured Approach to IBOR Replacement, 2020 – ResearchAndMarkets.com

Press release content from Business Wire. The AP news staff was not involved in its creation. https://apnews.com/press-release/Business%2520Wire/3ebbfdbc73f6400e8622e3dbc294fde4Click to copy DUBLIN–(BUSINESS WIRE)–Mar 13, 2020– The “Taking a Structured Approach to IBOR Replacement: Making Lemonade Out of Lemons”[1] report has been added to ResearchAndMarkets.com’s offering. For at least two years we have heard a rising chorus of concern about replacing the various...

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Next steps for LIBOR transition in 2020: the time to act is now

This is a critical year for LIBOR transition. As the Bank’s Financial Policy Committee (FPC) set out in December 2019, whilst good progress has been made, firms need to accelerate efforts to ensure they are prepared for LIBOR cessation by end-2021. To help achieve this, the RFRWG has today published its priorities and an updated roadmap for the year ahead...

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