21 November 2018
Novotel Century Hong Kong,
Benchmark Rates Forum APAC
Making Sense of the Shift to New Benchmark Rates
Bridge the Gap Between Awareness & Action: Navigate the Transition to Risk Free Rates!
What Do New Rates Mean for Your Business?
The global IBOR transition is gaining speed: with the end of mandatory LIBOR contributions on the horizon, and with most major banks expecting to trade risk free rates within the next four years, there’s never been a better time to understand what the new reference rates mean for your business, and how you can use the transition to your advantage.
The third installation in our Global Benchmark Rates series explores the implications of the LIBOR wind-down for firms operating in the APAC region, and seeks to help bridge the gap between awareness and action by offering focused sessions on technical, operational, and accounting aspects of the transition, as well as on client communications and managing documentation challenges. There's never been a better time to benefit from cutting-edge insights on the adoption of risk free rates. Join us in Hong Kong on 21 November for in-depth discussions on every aspect of the global IBOR transition.
Navigate the Move to SOFR
- Discuss moving hedging activity into SOFR-based derivatives.
- Assess challenges relating to building liquidity in underlying rates.
- Consider how term rates will be constructed from SOFR.
- For corporate debt issuers, explore how to best disclose and control risks associated with the deterioration or discontinuation of LIBOR.
Ensure Contract Robustness
- More than $300 trn of contracts use a LIBOR as an underlying benchmark. What happens to these products after 2021?
- Explore the legal and financial aspects of negotiating and converting LIBOR-referencing legacy contracts.
- Investigate what lessons can be derived from the management of contracts referencing discontinued LIBOR currency rates.
- Examine challenges that may arise from the underlying methodological differences between IBORs and SOFR
Explore Accounting and Operational Aspects of the Transition
- Consider ways in which the behaviour of SOFR will differ from LIBOR.
- Address technical accounting problems arising from the use of new benchmarks.
- Understand how to efficiently navigate multiple global benchmarks.
- Manage communications with investors and clients who are unfamiliar with the particulars of the transition.