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Where are you in your IBOR Transition plans?

Our latest piece to help Fund Managers familiarize themselves with the transition away from IBOR and ISDA’s Fallbacks Protocol.

hedgelegal.com/isda-ibor-fall…
Key Highlights:

1. The financial world is moving on from IBOR - expected end date is end of 2021.

2. ISDA has announced its market-wide approach to the transition, which will be implemented via the (1) ISDA Fallbacks Supplement and (2) ISDA Fallbacks Protocol.
3. The ISDA Fallbacks Supplement applies and covers all transactions entered into after January 25th, 2021 that reference the 2006 ISDA Definitions.

4. The ISDA Fallbacks Protocol, effective January 25th, 2021 is a means for users of derivatives to amend agreements across all...
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