December 03, 2019

A Voice for Corporates: The AFP LIBOR Task Force

Posted by Ruth Hardie
David Bowman with the Federal Reserve Board has asked the Association for Finance Professionals (AFP) to be the voice of Corporate Treasury in terms of addressing LIBOR for the Alternative Reference Rates Committee (ARRC) as part of the...
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November 07, 2019

Interest Rate Reform and Implications on Foreign Currency Derivatives

Posted by Karen Gubler
What's the Issue? Britain is ending support of the London Interbank Offered Rate (LIBOR) on or about 2021. US regulators currently plan to replace LIBOR with the Secured Overnight Financing Rate (SOFR) curve. The pending “Illiquid LIBOR Market”...
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November 06, 2019

November 2019 Update: Your LIBOR Questions, Answered

Posted by Ruth Hardie
LIBOR has been referred to as the plumbing buried in many financial contracts, and the end of LIBOR will cause a seismic shift in the financial markets. I had the privilege of speaking about LIBOR in a podcast and a live-stream session at the...
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October 04, 2019

Hedge Trackers Prepares Clients for Impending Interest Rate Reform & SOFR Transition

Posted by Farah Lotia
You Can Rely on Us If you use Hedge Trackers’ Outsourcing and/or Software suite (Capella) services, you might be wondering what’s going to happen when interest rate reform occurs and SOFR replaces LIBOR in early 2021. Although that seems a bit...
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September 06, 2019

FASB Proposed Guidance for LIBOR to SOFR Transition

Posted by Ruth Hardie & Farah Lotia
As a follow up to FASB’s June initiative to provide accounting relief to organizations that will need to modify their contracts as LIBOR is replaced by SOFR, FASB released a proposed Accounting Standards Update on Thursday.
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August 05, 2019

LIBOR Transition: How Regulatory Bodies Are Guiding Hedge Accountants

Posted by Ruth Hardie
As the London Inter-bank Offered Rate (LIBOR) begins to phase out, many corporate treasurers have been flooded by a wave of uncertainty. Our advice has been to proactively start planning alternatives by looking out for the guidance and term...
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July 01, 2019

Goodbye, LIBOR: Finding the New Normal

Posted by Ruth Hardie
At this point, LIBOR’s phasing out by Britain’s Financial Conduct Authority (FCA) may be old news. Although the topic has been a constant presence in headlines, there’s still lingering questions about what this means and what organizations...
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May 16, 2019

Banking In the UK: The Mass Exodus

Posted by Ruth Hardie
The uncertainty of Brexit accompanied by the phasing out of LIBOR has turned the financial services industry in Europe on its head. As organizations take precautions amidst the uncertainty, it has become evident that the number one financial hub...
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May 02, 2019

Hedge Trackers Comments on LIBOR'S Looming End

Posted by Ruth Hardie & Farah Lotia
Bloomberg Tax - “LIBOR'S Looming End Leaves Hedgers, Lenders in a Bind"Nicola M. White, Reporter "This is really so pervasive, it’s going to affect literally every company out there,' said Ernie de Lachica, senior director at BDO USA LLP. Any...
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