IBOR Transition Update (Mar 21)
John Ewan
20 years: Interest rate benchmarks
In the previous videos on this series, John discussed what LIBOR is and why it exploded. In this video he discusses the role of key players in a LIBOR transition. He further talks us through the series of tightly coordinated announcements made by the FCA, ICE Benchmark Administration and the Federal Reserve on Friday, 5th of March.
In the previous videos on this series, John discussed what LIBOR is and why it exploded. In this video he discusses the role of key players in a LIBOR transition. He further talks us through the series of tightly coordinated announcements made by the FCA, ICE Benchmark Administration and the Federal Reserve on Friday, 5th of March.
IBOR Transition Update (Mar 21)
12 mins 39 secs
LIBOR is still used in a variety of products ranging from complex custom-designed derivatives to commercial and retail banking products such as lending and mortgages.
Key learning objectives:
What does the Future of LIBOR look like?
Who are the players in LIBOR transition?
What happened on March 5th 2021?
What do recent announcements mean?
John Ewan
Related videos
IBOR transition update (Dec 2021)
The discontinuation of LIBOR has been a project that has been in motion since 2014. It is a project that impacts the entirety of the financial landscape. The project has been driven by the official sector and market practitioners are gradually getting on board, partially because they have concluded the change is now inevitable.
John Ewan • 05:47