While everyone is awaiting the cessation announcement,
it is time to start the transition of your legacy business now!
While doing that it is imperative to address key challenges:
- Product universe: establish a comprehensive plan for each product type including product conventions, transition paths, alternative offerings etc.
- Tough legacy: how to handle contracts which cannot be migrated
- Handling of regulatory and market uncertainty: unknown regulatory timelines and lack of firm market conventions impede the transition
- Internal and external communication: how to educate staff and clients on the LIBOR transition meeting all Business and regulatory requirements
- Processes and controls: establish responsibilities, controls and processes including an audit trail to mitigate conduct risk
In the upcoming #CapTalk our experts will help you to kick start your transition programme by answering the most pressuring questions, helping you to avoid common mistakes and keep calm in 2021.
The webinar will be held in English, via Microsoft Teams.
When: February 11th, 1pm (CET)