What You Will Learn :
- Develop strategies to address the accounting implications in the transition
- Understand the key differences between Ibor vs alternative reference rates
- Develop best practice approaches to creating conduct and operational risk frameworks
- Understand the impacts of the switch on the risk management function
As the deadline for the switch from Ibor to risk free rates passes at the end of 2021, this four-day online training course will focus on how to successfully plan, manage, and execute this transition within your business.
Sessions will explore the implications and challenges for financial markets when transitioning to alternative reference rates, best practice approaches for implementing Ibor transition plans, as well as a deep dive into key features and polices of SONIA, SOFR, and ESTER.
This course will develop attendees understanding on managing the back book through identifying challenges with tough legacy contracts, different fallback provisions and the effects on liquidity and risk management.
Participants will have the opportunity to connect with subject matter experts to discuss conduct risk mitigations and client outreach, the effects of Covid-19 on the transition and how AI assists in the transition and implementation.
Who is this course for?
Relevant departments may include but are not limited to:
Compliance and legal
Benchmark and control