Great Expectations – IBOR transition for Funds and Asset Managers
08 июня 2020
Fund and asset managers will need to carefully consider the impact of the IBOR transition on their business and take action significantly before the end of 2021 to enable them to properly prepare.
Firms should be wary of assuming that the responsibility for the IBOR transition lies with banks and other financial counterparties, as regulators and investors will expect managers to be proactive in their discussions regarding affected structures, contracts and processes and the management of associated risk.
In this article we explore the region-specific impact, timing and considerations that should be given to ensure businesses are best prepared ahead of time.