Future of Libor – Breakfast Briefing

We would like to invite you to join us at a cross-practice breakfast briefing on Thursday 7 December when we will be hosting a discussion on the future of LIBOR.

By way of background context, on 27 July 2017, Andrew Bailey, Chief Executive of the Financial Conduct Authority, announced plans to transition away from LIBOR to alternative reference rates by the end of 2021. With the replacement of LIBOR clearly signalled, the market is now starting to consider how best to address this major change. LIBOR is estimated to be used as a reference point in global financial transactions with a total notional outstanding amount of US$350 trillion.

With market participants now considering the development of replacement rates for LIBOR, a cross-practice team from Linklaters will discuss the key issues and challenges faced by financial institutions and the implications for financial products including derivatives, bonds and loans. 

The event will be held under Chatham House rules.