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Moving Away From LIBOR: Are You Ready for Change?

Published by: DocuSign

The Financial Conduct Authority (FCA) announced plans to retire LIBOR by 2021 because of LIBOR's inherent structural weakness – particularly highlighted during the 2007-2009 financial crisis when banks were under fire for manipulating the benchmark for higher gain.
This change is estimated to impact over £350 trillion worth of contracts, and to manage the transition, companies and financial institutions alike must review every aspect of their business that uses the LIBOR and all other IBOR-based benchmarks.

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Lang: ENG
Type: Whitepaper Length: 3 pages

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