Benchmark reform is a big focus for many financial institutions on both the buy and sell side in 2019. The transition away from interbank offered rates (IBORs) to alternative reference rates (ARRs) or risk free rates (RFRs) encompasses legal, operations and business change which firms need to start preparing for now to be ready in time. In this podcast, we speak to Craig Bisson, Partner, Simmons & Simmons to get an update on the status of benchmark reform and explore the ways this transition will impact firms, including asset managers, and the steps they should be taking now to prepare for this change.
Additional resources:
More info on benchmark reform:
http://www.elexica.com/en/resources/microsite/benchmarks-regulation
