As time is running out for LIBOR, immediate actions are needed to ensure that banks have a plan to transition before the phase-out date of 31 December 2021.
Against this background, held on 24 November 2021, the webinar on ‘”LIBOR Transition: the roadmap, milestones and experience sharing” addressed the following issues:
- Where are we now and key milestones.
- Considerations around the use of RFRs for new and legacy transactions.
- LMA discussions with the export finance market.
- Experience sharing: LIBOR transition at FCI.
It benefited from the expertise of the Loan Market Association (LMA) and from the insight of a renewed consultant in sharing FCI’s experience in LIBOR transition, Mr Edward Wilde.
The detailed report is contained in the Yearbook for 2021.