Requirements of Regulators Around the World – UK, EU, Asia, and US

Additional speaker:  David George, Head of Legal Project Management, Mayer Brown

This webinar is the second in the series, designed to support your ongoing efforts toward an orderly transition away from LIBOR by end-2021. In this webinar we will discuss perspectives from the following regions:

1. The United Kingdom: UK definition of “conduct risk”; UK regulators and legislative solutions
2. Europe: a comparison between EU member states; possible EU solutions and next steps
3. Hong Kong and APAC: IBOR transition in HK; a comparison between HK and other regions; a view from Japan and Singapore
4. US: Statements by banking regulators on stopping LIBOR issuances this year; NY State LIBOR legislation; Federal LIBOR legislation status; ARRC adoption of CME forward-looking Term SOFR and related statements

The series will continue during Q4 2021 as part of our effort to help you navigate the roadmap for LIBOR transition, with discussions by leading regulatory and litigation counsel on the following topics:

• IBOR Transition: an introduction to conduct risk
• Focus on Specific Industries and/or Subject Matters – Antitrust, Consumer Finance, Derivatives, Securities, Syndicated Loan
• Attention to Litigation Risks
• 100-day Countdown – Are You Ready?
• Beyond IBOR – The First 100 Days After Transition