Please join us as
the RMA Chicago Chapter presents:
LIBOR Replacement Panel
In a recent Forbes article, Bloomberg estimates
“about $350 trillion of derivatives, loans, mortgages, commercial paper,
and other debt is tied to Libor.”
Our panel of experts will discuss issues every firm should consider about LIBOR replacement including:
What preparations does your firm need to consider as the industry transitions away from LIBOR?
What is the Secured Overnight Funding Rate (SOFR) and what are the challenges, milestones and timelines related to this viable alternative?
What is the difference between a secured rate vs an unsecured rate?
For various products set to mature after 2021, what challenges exist and what should firms be doing to address them?
What legal issues do you need to consider related to the transition?
What valuation and pricing risks will firms face when moving to a new curve?
What are the risks concerning model development, validation and model risks?
Michael Sheptin, Principal, Ernst & Young, LLP
Brandon Loveridge, CFA, Managing Director, Treasury, Charles Schwab & Co., Inc.
Robert Krebs, Senior Vice President and Assistant General Counsel, LIBOR Transition Program at Northern Trust
Mark Eichelberger, SVP and Head of Capital and Resolution Planning, Northern Trust
Other panelists not confirmed
DATE & TIME:
May 21, 2019
7:30 a.m. Registration with Continental Breakfast
8:00 a.m. - 9:30 a.m.
Program discussion followed by Q&A
Member: $30 (Paying $40 initially to be reimbursed $10 after member verification)
50 S. LaSalle Street
Chicago, IL 60603
Bill Harrington - firstname.lastname@example.org
Sandy Gruber - email@example.com
RMA Chicago Chapter