[Webinar]: Benchmark transition – Preparing for the end of LIBOR

研討會

概要

In 2012, the LIBOR scandal came to light as a group of banks were accused of manipulating their LIBOR submission. An attempt to manipulate LIBOR can have significant adverse effects on consumers and financial markets.

Global financial regulators have signalled that LIBOR and other “IBOR” benchmarks will likely cease to trade at the end of 2021. Globally, IBOR-related products have an estimated value exceeding US$350 trillion notional and include derivatives, loans, syndicated loans, FRNs, bonds, and retail-linked financing. The transition will be one of the biggest ever experienced in financial markets with wide-ranging impacts and systemic risk potential.

宗旨

By the end of the course, participants will:
‧ Explain why regulators wish to see IBOR rates transitioned to risk-free rates
‧ List the implementation process and foreseeable financial market impacts
‧ Explain what firms are doing to prepare for the transition

內容

1. Background – IBOR transition drivers.
2. Impacted financial products and markets
3. Transition timeline
4. Implementation mechanics
5. What financial markets may look like in 2022.

對象

Financial services practitioners involved in the buy-side and sell-side, as well as corporate treasurers.

導師/講者

Patricia TAY
Patricia is a Partner of Financial Services Assurance practice. She has more than 13 years of audit and professional experience and her portfolio comprises of global European and American banking institutions. With extensive experience in the planning, global coordination, execution and delivery of financial assurance and advisory multi location engagements. Currently, she is the co-Lead of the EY IBOR transition campaign in APAC.
Jenny HUANG
Jenny is a Director of Financial Services Risk Management. She has over 10 years of experience in helping financial institutions on recovery and resolution planning, interest rate risk on banking book, booking model, IBOR reform, internal audit, risk and control, outsourcing process management, capital assessment and optimization. Currently, she leads a team to advise six banks in Hong Kong on the IBOR transition.

詳情

活動編號
TSTOT20000203
日期及時間
2020年5月27日, 星期三 (12:20下午 - 1:20下午)
地點
虛擬平台
標籤
新, 研討會
語言
英文
課程時數
SFC:1.00, PWMA:1.00

Please note: This webinar will be delivered via WebEx.  To qualify for CPT/OPT hours, participants are required to attend the full webinar.

You may want to check if WebEx works on your device prior to enrolment, click here to test