Inter Bank Offering Rates (IBORs) have a key role in financial markets and underpin trillions of dollars in financial products. However, regulators globally have clearly signaled that firms should transition away from the London Interbank Offered Rate (LIBOR) to alternative overnight risk-free rates (RFRs) before 2021. Given the scale and complexity of this inevitable transition, market participants need to initiate steps for the transition process.
How KPMG Lower Gulf can assist clients
KPMG Lower Gulf can assist you in planning for and managing the various elements of end-to-end LIBOR replacement, including:
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