sofr survey

Have your say now!

The demise of Libor is just over the horizon. 

It’s taken several years for the market to come to terms with, but it now would appear that Libor and its many iterations are finally going to say goodbye. Perhaps not as soon as the end of 2021, but probably not long after. 

Regulators, banks and private institutions around the world have begun to prepare for the end of these benchmark rates, and are readying themselves for their likely replacements.

The chosen successor of USD Libor for the Federal Reserve and its dedicated task force, the ARRC, is SOFR: the Secured Overnight Financing Rate. The transition is a long and complicated process. It will take lawmakers and advisers a significant effort to make it as seamless as possible, but inevitably there will be bumps along the road. 

Practice Insight is looking to gain and share insight on the issues, the preparatory steps taken, and on SOFR’s impact on strategies in businesses across different industries. Don’t miss the chance to have your say.

The survey should not take longer than five minutes to complete. Have your say here.