The global shift away from LIBOR presents a complex, time-sensitive, multifaceted set of challenges and tasks for the investment management industry.
In a statement published on July 12, 2019, the US Securities and Exchange Commission (SEC) highlighted risks for market participants to consider as they transition away from the London Interbank Offered Rate (LIBOR). The SEC’s statement encourages more proactive LIBOR transition and risk management by market participants.
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