The future of libor and implications for UK investment managers
With the FCA indicating that it regards the current approach to calculating LIBOR as unsustainable, it expects firms to transition to alternative risk free reference rates before the end of 2021. This webinar addresses the likely impact of the transition on UK investment managers and the practical steps that managers should be taking now to prepare.
The webinar covers:
• The drivers for change (including the FSB’s initiative to reform major interest benchmarks)
• The FCA statements on LIBOR
• The new risk free rates
• The implications for financial products
• The steps that UK investment managers should be taking now to prepare for the transition