Working Group on (L)Ibor Rate Reform

31 March 2021: 16:00 – 17:30

As the final text of the EU Benchmarks Regulation (BMR) has been published and entered into force on February 13^th 2021, where are we on the subject of the  replacement of Ibor(s) by the different risk free rates?

We will be organizing a series of workgroups to address the different aspects and implications which were highlighted in the survey conducted at ATEB’s year end cocktail. We understand that about 40% of respondents has not started and 56% has started but still has interest to have more sessions, specifically on funding (intercompany and external), derivatives, systems, ..

Kick off on March 31^st with a session in partnership with E&Y to review the current status of readiness, items to be addressed and identified, project plans to be set up, ..

Agenda

1) Start – 16:00

2) Inventory of where we are:

• Deadlines, project plans, ..
• How ready are corporates, what needs to be addressed?
• How ready are our partners? Banks, system vendors, ….

3) Group Q&A

4) Agree on next steps and workgroups on the different topics

* This event is open to all