FASB has issued an exposure draft that would extend the effective date for ASU 2020-04 and expand the definition of SOFR, the replacement reference rate.

This webinar will review challenges and opportunities for the investment industry, ESG issues, recent legislation, and more.

The SEC reminds professionals of their obligations when recommending LIBOR-based securities or strategies involving other LIBOR-linked investments.

This article provides details on efforts to replace LIBOR, which are showing limited signs of progress with days to go before the year-end deadline.

The IRS has released a new revenue procedure as part of the global, ongoing work to prepare for the sunset of the London Interbank Offered Rate (LIBOR).

As LIBOR’s sunset approaches, derivative central counterparties will be changing the interest rate used for margining, discounting, and contract price alignment for derivative instruments.

The transition away from LIBOR will be complicated and likely require significant hours to implement correctly for companies with a large volume of contracts.

Global working groups have developed several pre-cessation triggers that will activate fallback language in contracts that could accelerate the transition from LIBOR.

Institutions should have risk management processes in place to identify and mitigate their LIBOR transition risks. This article takes a look at potential LIBOR transition risks.

COVID-19 won’t delay the previously announced 2021 termination date when banks will no longer be required to publish rates used to calculate LIBOR.