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LIBOR Replacement: How am I concerned and what can I do to stay on track?
LIBOR benchmark interest rates are to be phased out over the coming years. This will affect hundreds of trillions of assets that are tied to the old LIBOR benchmark rates – many in contracts running beyond the 2021 deadline. Such change also means that banks, financial services providers, and corporate treasurers across industries have to respond now. In the clip below, Christian Schmitt is going to illustrate why the discontinuation of LIBOR will affect you and what there is to be done to competently manage the change. For more information visit our website.