Who should attend
The course is designed to cater for the needs of professionals involved in loan, derivative and finance documentation involving LIBOR and other key benchmark interest rates: * Legal advisors and lawyers * In-house counsel * Corporate financiers * Credit officers * Fund managers * Regulators
About the course
Understand LIBOR and the challenges your organization may face with its termination.
The use and quotation of LIBOR and other IBOR benchmark interest rates have been in crisis for the last several years. The financial world is rapidly transitioning away from LIBOR/IBOR benchmarks toward new risk free rates and other alternative reference rates. Industry participants are particularly concerned about an early termination of LIBOR and other quoted interest rates. The course is critical for those needing to understand the extraordinary upheaval that is occurring in financial markets over quoted interest rates. The participant will be able to decipher and understand the alphabet of interest rate benchmarks, transition issues, timelines and best practices.
This course will be presented in a synchronous online format by an experienced instructor in online education. The program is broken up into six two-hour modules that are presented over two days. Participants will be provided with electronic copies of the most current guidelines, procedures, summaries and best practices that are currently available.
What this Course will Cover
- The history, development and current issues with LIBOR
- How LIBOR, new Risk Free Rates, and new alternative reference rate benchmarks are calculated
- Best practices, calendars, timelines and other guidance for enabling your firm to transition away from LIBOR
- Issues involved in creating spread adjustments and term rates
- The efforts of the Federal Reserve, FSA, IOSCO, ISDA and other regulators and market participants in reforming interest rate benchmarks
- Understanding the effect the LIBOR transition is having on the derivative markets
- Analyzing the response of the cash markets to new contract language and legacy transactions
Christian Johnson is the dean for Widener University Commonwealth Law School. Prior to joining Widener, Dean Johnson was the Hugh B. Brown Presidential Endowed Chair of the Law at the University of Utah College of Law. He is a frequent commentator and academic focusing primarily on global capital...
Videos and materials
Because of COVID-19, many providers are cancelling or postponing in-person programs or providing online participation options.
We are happy to help you find a suitable online alternative.