Episodes

  • The Last 100 Days of LIBOR: Episode 6 - The Syndicated Loan Market and CLOs
    Dec 2 2021

    The latest episode of our IBOR Transition podcast mini series, “The last 100 days of LIBOR” is now live. David Duffee and Sagi Tamir provide an overview of pricing developments in the syndicated loan market and how those developments may affect CLOs, including addressing the following:

    • Dealing with multiple reference rates
    • Managing spread adjustments in SOFR deals and deals transitioning to SOFR
    • Synthetic LIBOR
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    41 mins
  • The Last 100 Days of LIBOR: Episode 5 - The Derivatives Market
    Nov 15 2021

    The latest episode of our IBOR Transition podcast mini series, “The last 100 days of LIBOR” is now live. Edmund (Ed) Parker provides an overview of developments in the UK derivatives market, including addressing the following:

    • Tackling “tough legacy contracts”
    • Recent, and imminent regulatory and legislative developments
    • An analysis of the scope of the ISDA protocol and supplements
    • The impending cessation of EONIA and its replacement with ESTR
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    22 mins
  • The Last 100 Days of LIBOR: Episode 4 - The US Derivatives Market
    Nov 11 2021

    The latest episode of our IBOR Transition podcast mini series, “The last 100 days of LIBOR” is now live. Anna Pinedo provides an overview of developments in the US derivatives market, including addressing the following:

    • New York State legislation regarding the discontinuance of LIBOR
    • Managing the differences arising from the ARRC recommended use of SOFR and the direction of the derivatives market
    • Mismatches between loans and the related hedges
    • The CFTC’s SOFR-First Transition Initiative
    • Using credit sensitive rates
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    19 mins
  • The Last 100 Days of LIBOR: Episode 3 - Anti Trust
    Nov 4 2021

    In this episode, Britt Miller and Thomas Panoff discuss antitrust conduct risk related to the transition process, including topics such as:

    • An overview of key pending litigation potentially impacting the transition
    • Guidance from antitrust regulators to trade associations and the financial services industry
    • Pending federal and state legislation, and
    • Guidance in navigating common antitrust concerns as part of the transition.
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    18 mins
  • The Last 100 Days of LIBOR: Episode 2 - Requirements of Regulators around the World
    Oct 25 2021

    This second episode is designed to support your ongoing efforts toward an orderly transition away from LIBOR by year end-2021. We discuss perspectives from the following regions: The United Kingdom: UK definition of “conduct risk”; UK regulators and legislative solutions; Europe: a comparison between EU member states; possible EU solutions and next steps; Hong Kong and APAC: IBOR transition in HK; a comparison between HK and other regions; a view from Japan and Singapore; US: Statements by banking regulators on stopping LIBOR issuances this year; NY State LIBOR legislation; Federal LIBOR legislation status; ARRC adoption of CME forward-looking Term SOFR and related statements

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    29 mins
  • The Last 100 Days of LIBOR: Episode 1 - Conduct Risk Issues
    Oct 25 2021

    In this first episode of our IBOR Transition series, we introduce the following topics: Overview of Conduct Risk, and its importance during Q4 2021 to ensure orderly transition; Discuss a framework to assist with risk mitigation

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    21 mins
  • Assessing the Post IBOR Cessation US Litigation Risk Landscape
    Apr 30 2021

    In this latest webinar in our IBOR Transition series, we will discuss the recent New York LIBOR legislation and analyze some of the key litigation risks that the cessation of LIBOR presents in spite of such legislation. Mark Hanchet, Jenn Rosa, Chris Houpt and Anjanique Watt will cover topics such as: The scope and impact of the April 6 New York legislation; Potential constitutional challenges to the New York legislation; Gaps that remain, and the litigation risks they pose; An update on progress of potential federal legislation.

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    38 mins
  • The IBOR Transition End Game: The State of Play in Sterling Loan Markets
    Apr 29 2021

    In this latest in our LIBOR Transition series, Mayer Brown Partner Ash McDermott and UK Finance LIBOR Transition Director Daniel Cichocki will focus primarily on the impact of recent announcements and development on market participants, including:What Banks and borrowers should be planning to do for the remainder of 2021; The impact of recent announcements on market participants who may not be regulated in the UK (eg. funds, international banks); and Further predicted developments in 2021.

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    38 mins