Benchmark reform and transition: key takeaways from AMIC conference

The industry’s move from LIBOR to risk free rates was very much front and center at ICMA’s Asset Management and Investors Council conference held in London last week. It’s a topic that’s especially pressing as the Financial Conduct Authority is calling on firms to report their plans to mitigate risks and reduce LIBOR dependency in December. And while the issues to tackle are being identified and prioritized, solutions are yet uncertain.
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