Paul Scurfield, Kim Brand, Heather Wylie, and Ariane Stren talk about key considerations as your organization makes plans to transition away from interbank offered rates.
12 min
Subscribe on Amazon Music, Apple Podcasts, Google Podcasts and Spotify
LIBOR, the London Interbank Offered Rate, a key set of interest rates linked to hundreds of trillions of dollars of financial contracts and instruments is on its way out. The British Financial Conduct Authority, or FCA, which oversees LIBOR announced that it may be phased out after December 31, 2021, when they will no longer require the banks to provide LIBOR offers. These decisions have deep and far-reaching consequences. Hear from Scotiabank leaders who discuss key priorities to consider as your organization makes plans for the transition away from interbank offered rates.
Want to hear more? Listen to the full replay of our virtual session, presented by The Scotiabank Women Initiative for Global Banking and Markets, LIBOR is on the way out, what is in?
Market Points is part of the Knowledge Capital Series, a collection of audio, video and written commentary from Scotiabank Global Banking and Markets' leaders and experts, designed to provide you with timely insights and analysis.
For more information, please contact:
Paul Scurfield
Global Head of Fixed Income, Currencies and Commodities (FICC)
Phone: 416-947-7358
Kim Brand
Managing Director, Global Capital Markets Documentation
Phone: 416-815-6880
Heather Wylie
Managing Director, Corporate Banking, Business Operations and Head of Credit Analytics Group
Phone: 416-933-1897
Ariane Stern
Director, Regulatory Initiatives
Phone: 416-863-7312