close
Share with your friends

Moving to new risk-free rates

Moving to new risk-free rates

Why asset managers need to prepare for the transition from IBORs

Why asset managers need to prepare for the transition from IBORs

With European and national regulators focussing on the transition to new risk-free rates (RFRs), this paper highlights the factors impacting the industry, what buy-side firms should consider and where they should start.

The majority of sell-side firms are planning for the transition. However, KPMG professionals have so far seen fewer buy-side firms thinking about the impact the transition will have on their clients’ portfolios, and their agreements with counterparties and provider agreements.

Given the scale and complexity of this transition, early action should be a priority for firms.

© 2020 Copyright owned by one or more of the KPMG International entities. KPMG International entities provide no services to clients. All rights reserved.

KPMG refers to the global organization or to one or more of the member firms of KPMG International Limited (“KPMG International”), each of which is a separate legal entity. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. For more detail about our structure please visit https://home.kpmg/governance.

Member firms of the KPMG network of independent firms are affiliated with KPMG International. KPMG International provides no client services. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm.

Connect with us