In response to controversies regarding alleged misconduct related to the determination of the London interbank offered rate (LIBOR), the Federal Reserve Board and the Federal Reserve Bank of New York convened an Alternative Reference Rates Committee (ARRC) to identify a reference rate that could replace LIBOR. The ARRC has identified two possible replacements.
In this talk, we will discuss:
- The genesis of the ARRC
- The rates that it has selected as potential replacements for LIBOR
- The ARRC’s impending selection of one of these two rates
- The financial products to which the new rate would apply
- The transition from LIBOR to the new benchmark rate
Instructions for accessing the program will be sent prior to the event.
For additional information, please contact GFMI@mayerbrown.com.
Mayer Brown’s Global Financial Markets Initiative helps clients deal with the legal and business challenges resulting from the ongoing turbulence in worldwide financial markets. By mobilizing the firm’s global resources from multiple practices and offices, the initiative provides clients with knowledgeable and timely counsel on a broad spectrum of their legal needs.
5:00 p.m. – 5:30 p.m. CEST
4:00 p.m. – 4:30 p.m. BST
11:00 a.m. – 11:30 a.m. EDT
10:00 a.m. – 10:30 a.m. CDT
9:00 a.m. – 9:30 a.m. MDT
8:00 a.m. – 8:30 a.m. PDT