The transition away from LIBOR is not a small task and will impact a large number of contracts and affect multiple product areas and business lines. This Guide published by the ACT and LMA is intended to provide an overview of developments and key issues with respect to the proposed transition away from LIBOR benchmarks. In particular, it covers:
The importance of understanding and engaging with the key issues cannot be overstated and we hope that this guide provides a useful resource for our members. It is available in both pdf and PowerPoint format should members wish to use the materials for presentation purposes. Additional resources and guidance can be found on our dedicated Benchmark reform webpage.