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Updated LIBOR Transition Timeline in the COVID-19 Pandemic

United Kingdom - July 28 2020 As the world continues to deal with the COVID-19 pandemic, the end of 2021 deadline for the LIBOR transition has remained unchanged. However, certain…

Jennifer J. Kafcas, Harry Poland

Update on LIBOR Reforms and ISDA Documentation

Global - February 27 2019 In September 2018, the International Swaps and Derivatives Association (ISDA) published the ISDA Benchmarks Supplement as a response to the EU…

Marc C. Isaacs, Jennifer J. Kafcas, Alvino S. van Schalkwyk

UK Working Group Publishes Paper on Credit Adjustment Spread Methodologies

United Kingdom - January 15 2021 With the end of LIBOR drawing closer, the FCA, Bank of England and the Working Group on Sterling Risk-Free Reference Rates (the Working Group) are…

Jennifer J. Kafcas, Linn Mayhew, Harry Poland, Alvino S. van Schalkwyk

LMA Publishes RFR Facility Documentation

European Union, United Kingdom - January 29 2021 On January 28, 2021, the UK Loan Market Association (LMA) published exposure drafts of two multicurrency term and revolving facilities agreements…

Lee Cullinane, Jennifer J. Kafcas, Linn Mayhew, Harry Poland, Alvino S. van Schalkwyk

Liquidity Concerns and Key 2020 Milestones in the LIBOR Transition for Derivatives Transactions

United Kingdom - July 28 2020 As the 2021 deadline for the cessation of LIBOR approaches, two key milestones for the LIBOR transition in the derivatives space are set to occur in…

Jennifer J. Kafcas, Harry Poland