LIBORcast

LIBORcast

By Dechert LLPBusiness
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LIBORcast episodes

  • Timing, Alternative Rates and Tough Legacy Issues with the Federal Reserve Board

    Could LIBOR be unavailable before 2022? Dechert and David Bowman of the Federal Reserve’s Board of Governors discuss the likelihood that regulators further specify the timeline for discontinuance as well as whether market participants should wait for Term SOFR before moving away from LIBOR and what they should do about their tough legacy instruments. Original episode date: October 27, 2020 

    35 min
  • LSTA Addresses LIBOR Transition Impact on Loans and CLOs

    Could Daily Simple SOFR be the best replacement rate for the loan market? Dechert and LSTA’s Meredith Coffey discuss why that may be the case, as well as which parts of the market are most prepared for the LIBOR transition and what CLO and loan market participants should be thinking about when they’re looking at their portfolios. Original episode date: October 23, 2020 

    26 min
  • SFA’s Kristi Leo on Market Fragmentation

    Could the LIBOR transition be delayed if it proves too chaotic? Dechert’s Matt Hays and Kristi Leo of the Structured Finance Association discuss the possibility, as well as concerns over market fragmentation if participants elect to use different benchmark rates. Episode date: October 5, 2020 

    29 min
  • Lender Preparedness with Mortgage Bankers Association’s Mike Flood

    Are all lenders ready for the LIBOR transition, regardless of size? In this episode, Dechert and Mike Flood of the Mortgage Bankers Association (MBA) discuss whether the transition is likely to be smooth sailing or chaos, when we may see the first conventional lending based on SOFR, and what the MBA is doing to help the market adjust. Original episode date: September 17, 2020 

    25 min
  • CREFC and the Trade Organization Perspective

    How have trade organizations been addressing the impending LIBOR transition? In this episode, guests from the Commercial Real Estate Finance Council (CREFC) share what their bank and non-bank members have been saying about LIBOR, as well as what they are hearing from the CMBS servicer community. Original episode date: August 20, 2020 

    29 min
  • The FCA’s LIBOR Perspective and Impact

    How should the asset management industry prepare for the LIBOR transition? In this episode, guests from the UK’s Financial Conduct Authority discuss the regulator’s approach to the transition, including highlights from the likely roadmap between now and December 2021 as well as actions market participants can take to be ready. Original episode date: July 27, 2020 

    40 min
  • LIBOR Transition: The Rating Agency Perspective

    How will the payment of interest be affected by the transition from LIBOR to another reference rate? Dechert and guests from Fitch Ratings discuss what to expect, as well as the credit rating agency’s perspective on operational, legal, reputational and basis risks. Original episode date: July 21, 2020 

    29 min
  • ISDA’s Ann Battle on Benchmark Reform

    What role does the International Swaps and Derivatives Association (ISDA) have in the LIBOR transition? In this episode, Dechert and ISDA’s Ann Battle take a whistle-stop tour through benchmark reform, including what the buy-side can expect, considerations for late-adopters, the scope of ISDA’s impact on other trades and more. Original episode date: May 19, 2020 

    35 min

About LIBORcast

From the publisher's feed

More than US$350 trillion in derivatives and financial products are tied to LIBOR. Its impending replacement as a benchmark interest rate will have a significant impact on the world’s lending,…