Welcome to the latest issue of Mayer Brown's IBOR Transition Digest-a periodic compendium of global regulatory and market developments and insights on the complex issues confronting financial market participants as they plan to transition from LIBOR and its variants to replacement benchmark interest rates. As attention to IBORtransition accelerates and becomes more focused, it is critical to have access to comprehensive and timely resources about the market.

For additional resources and an introduction to our global cross-practice IBOR Transition Task Force, please visit Mayer Brown's IBOR Transition portal.

News and Developments |  Events

NEWS AND DEVELOPMENTS

United States - General

ARRC Announces the Second Event in its Series "The SOFR Symposium: The Final Year"

Alternative Reference Rates Committee, 28 April 2021

The next event, on 11 May 2021, will address insights from the Official Sector Steering Group and SOFR, Term Rates, and Loan Market Developments.

Frequently Asked Questions

Alternative Reference Rates Committee, 27 April 2021

The updated FAQs include the effect of the 5 March 2021 announcements about the cessation of the publication of LIBOR.

Key Principles to Guide the ARRC as it Considers the Conditions it Believes are Necessary to Recommend a Forward-Looking SOFR Term Rate

Alternative Reference Rates Committee, 20 April 2021

Key principles include being rooted in a robust and sustainable base of derivatives transactions over time and having a limited scope of use.

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