LIBOR (or LIE-BORE!) – The Truth About the ‘World’s Most Important Number’
September 16, 2020 @ 12:30 pm - 1:30 pm BST| Free
LIBOR (or LIE-BORE!) THE TRUTH ABOUT THE ‘WORLD’S MOST IIMPORTANT NUMBER’
Ahead of the cessation of LIBOR in Dec 2021, the question is being asked about what next, what is replacing it, and how do we re-establish ‘trust’ in the financial system?
Do we need a common benchmark or let each financial ‘jurisdiction’ decide on their own reference rate?
How do we do to address the $475 TN existing legacy contracts that will need to be ‘re-papered’ – can the use of technology help?
John Martin will take you through:
-A brief history of Libor, the scandal and why a smooth transition matters post 2021
-Should the replaced rate be market driven or forward looking? Big question!
-Embracing new technologies to provide a partly machine driven solution
-IT MATTERS TO YOU, ALTHOUGH YOU MIGHT NOT REALISE IT!
Sign up now !
Presentation : 12.30-1.00pm
Q&A : 1.00pm – 1.30pm
We will be using Zoom to run this webinar. You will receive instructions on how to join – including meeting details – in the confirmation email sent to you after you have booked your space.