Events

LIBOR Transition Discussion Webinar

On Thursday, December 13, 2018 from 1:00 p.m. to 2:30 p.m. EDT the AFS Best Practices Leadership Council (BPLC) will present a LIBOR Transition Discussion. This will be an interactive workshop focused on best practices for planning LIBOR transition at your bank.

Meredith Coffey, EVP of Research & Regulation, LSTA and ARRC Member and ARRC Co-Chair Business Loans Working Group, Ellen Hefferan, EVP of Operations & Accounting, LSTA and Irene Blake, Managing Director, AFS will provide an overview of LIBOR replacement, the current state of the industry, and what banks should be doing to be prepared.
 

Event Details

What’s happening with LIBOR? What do I need to do to be ready?
Through our direct involvement in the market and regulatory affairs for all segments of the Commercial lending business, AFS has been at the forefront of the coming mandatory replacement of LIBOR and has identified key areas that will be affected and issues banks need to address.

The LIBOR Transition Discussion will explore these subjects, focusing on:

• ARRC Consultation: Amendment and Hardwired Proposals
• LIBOR Fallback Language, including Triggers, Replacement Reference Rates and Spread Adjustments
• Portfolio Impacts
• Preparing for the LIBOR Transitions (Necessary Bank Actions)
• AFS Support of the Transition
• Is my bank behind in planning? What’s everyone else doing?

Participating banks will have an opportunity to see where their preparations stand in relation to peer banks. Registered participants will receive a short survey to complete prior to the webinar. A summary of the survey results will be shared during the webinar.