Banks and financial institutions all over the world are getting ready to move away from London Interbank Offered Rates (LIBOR) and towards near Risk-Free Rates (RFRs). If you would like to know what HSBC is doing to prepare for this industry-wide change, you can hear more about LIBOR transition in our recent webinar. During the webinar we share insight about the shift away from LIBOR, what the replacement options will be and how to compare alternative rates.
We also discuss the main changes, key industry dates and the mechanisms for adoption. You will see how the implementation of LIBOR replacement rates impact lending products such as loans. We also provide you with practical tools such as a treasurer's checklist, strategies for adoption, case studies and how we can support you. If you currently have LIBOR facilities maturing beyond December 2021 we will be contacting clients from October 2020 and over the coming months to discuss the available options.
