Join us on September 29th, 2020!
The ICMSA is delighted to announce that it will be an Association Supporter at the IMN Virtual Investors’ Conference on Libor.
The global capital markets industry continues to prepare for the transition away from LIBOR. The architectural plans have been drawn up, the foundations have been laid, builders are on site but construction must now begin if we are to be able to move in by the end of 2021.
IMN’s Virtual Investors’ Conference on LIBOR will provide a platform to help educate investors, borrowers and industry participants on the adoption of jurisdictional alternative reference rates between both the U.S. and Europe, and prepare for a liquidity shift in the market.
The morning sessions will have a European focus and afternoon on U.S., to help prepare the global structured finance industry with best practices and work with vendors to better the transition from an operational perspective, and avoid contractual reliance on a benchmark that will no longer represent a future market.
Neil Pallender from the ICMSA IBOR Transition Working Group will speak on the panel The Building Blocks are Now in Place: Contractual Fallback Language covering the below topics:
·How to avoid contractual reliance on a benchmark that is being phased out
· Fall back rates and spread adjustments
· Components of the fallback: Triggers and determination of the replacement benchmark to replace LIBOR
For event details, agenda information and registration please visit: www.imn.org/liborvirtual.
All ICMSA members will receive a 10% ticket price discount with code ICMSA10.
For further information please contact Programme Director Lauren Kerr [email protected]