ARTICLE
15 July 2020

LIBOR Transition

AO
A&O Shearman

Contributor

A&O Shearman was formed in 2024 via the merger of two historic firms, Allen & Overy and Shearman & Sterling. With nearly 4,000 lawyers globally, we are equally fluent in English law, U.S. law and the laws of the world’s most dynamic markets. This combination creates a new kind of law firm, one built to achieve unparalleled outcomes for our clients on their most complex, multijurisdictional matters – everywhere in the world. A firm that advises at the forefront of the forces changing the current of global business and that is unrivalled in its global strength. Our clients benefit from the collective experience of teams who work with many of the world’s most influential companies and institutions, and have a history of precedent-setting innovations. Together our lawyers advise more than a third of NYSE-listed businesses, a fifth of the NASDAQ and a notable proportion of the London Stock Exchange, the Euronext, Euronext Paris and the Tokyo and Hong Kong Stock Exchanges.
Shearman & Sterling partners Mark Chorazak, Reena Agrawal Sahni (both New York–Financial Institutions Advisory & Financial Regulatory), partner Patrick Clancy (Derivatives & Structured Products)...
United States Finance and Banking

Shearman & Sterling partners Mark Chorazak, Reena Agrawal Sahni (both New York–Financial Institutions Advisory & Financial Regulatory), partner Patrick Clancy (Derivatives & Structured Products), and Bradley Ziff(Senior Advisor and Operating Partner–Sia Partners)hosted a webinar discussion on current developments in the LIBOR Transition, the webinar covered:

  • UK Update: How the transition is carrying on despite the COVID-19 pandemic
  • US ARRC Update: Taking stock of "best practices" and regulatory expectations for key transition milestones
  • Disclosure and Examination Update: An update on how the SEC is approaching the transition from a disclosure and examination perspective
  • Market Intelligence Update: An examination of the challenges that financial institutions are confronting while transitioning during a pandemic

If you have any questions regarding the materials, please do not hesitate to contact the presenters.

This webinar was the fourth in the webinar series Financial Services Regulation During a Disruption – Current Issues and Looking Ahead.

The next webinar in the series takes place on Thursday, July 16, on Financial Institution Liquidity – Banks and Broker-Dealer.

Previous webinars:

Current Developments in AML and Sanctions

Re-Opening and Extended Remote Work: Considerations for Banks and Broker-Dealers

Current Developments in Data Privacy for Financial Institutions, Fintech and Non-Bank Lenders

Originally published 13 July, 2020

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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