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Global Interest Rate Reform

Global Interest Rate Reform

The transition away from the London Interbank Offered Rate (LIBOR) and other IBORs is unlike any previous regulatory reform – underpinning loans, debt and derivatives contracts estimated at $350 trillion globally, its scale is potentially larger, it will involve a great number of granular moving parts and is technically challenging.

Whilst alternative risk-free rates are still being agreed, now is the time for banks, asset managers and corporates to start focussing on the replacement timeline, planning and understanding how to make an orderly transition.

IBOR transition will be a project of great scale and complexity – and Linklaters can support you through this journey as your strategic legal adviser, as well as legal adviser for the various specific product areas. We can bring our unrivalled market-leading knowledge of IBOR-related issues, our depth of experience, as well as our track record of running strategic matters driven by regulatory change.

Click here to talk to our team of experts, and do explore our insights on this topic

The future of LIBOR and implications for UK investment managers

Produced in collaboration with The Investment Association, this short, three minute video outlines the key implications of the transition away from LIBOR for UK investment managers.

Banking market – mid-year review 2018 | Global interest rate reform

In this video, Toby Grimstone and Kirsty Thomson, Banking partners, discuss recent developments in relation to global interest rate reform.

The Future of LIBOR

Since the announcement on 27 July 2017 by Andrew Bailey, Chief Executive of the Financial Conduct Authority, of the intention to transition away from LIBOR to alternative reference rates by the end of 2021, the market has been focussing on how best to address this major change.

In this short, three minute video we outline the background to, and key implications of, the transition away from LIBOR.

Podcast: Benchmark regulation and the future of Libor

In this podcast, George Gooderham, Capital Markets Counsel, discusses the benchmark regulation and the future of Libor