IBOR

The ending of Interbank Offered Rates (IBORs) will likely lead to significant changes across a broad suite of financial products and markets.

IBORs are interest rate benchmarks that underpin over US$350t in financial instruments and contracts globally. The transition away from IBORs to alternative nearly risk-free rates (RFRs) will impact financial institutions and market participants leading to significant client outreach, legal contract renegotiation, repapering and repricing of existing contracts.

Institutions must proactively engage with regulatory and industry-led efforts to analyze the complex challenges ahead and develop solutions to mitigate significant risks to their organizations. All market participants should rapidly begin assessing the cross-functional implications to their specific businesses and clients; and develop robust implementation plans with the aim of reducing their reliance on IBORs prior to 2021.

Read more Read less
Politicians talking government building
Featured thinking

How to address the legal and contractual challenges of IBOR transition

EY Global

Direct to your inbox

Stay up to date with our Editor‘s picks newsletter. 

Subscribe

How EY can help

EY Regulatory Compliance Manager

EY Regulatory Compliance Manager is a global, digital and fully customizable regulatory inventory that’s enriched, mapped and maintained by a combination of leading-edge technology and the global EY network of regulatory professionals.

Read more
IBOR transition services

EY helps global institutions prepare for the imminent transition away from Interbank Offered Rates (IBORs) to Alternate Reference Rates (ARRs). We also play a leading role in supporting regulators, trade associations and others to increase awareness and education.

Read more

IBOR transition webinar – a certainty not a choice

Our webinar focuses on the key market developments, transition timelines, market adoption and liquidity, term rates, and operational readiness.

Find out more

On the agenda (4)

Skip

Protecting the enterprise

Featured: COVID-19 pandemic: How banks can increase resilience against financial crime
Discover

Transformation and growth in banking

Featured: Five priorities for harnessing the power of GenAI in banking
Discover

Disrupting financial crime

Featured: COVID-19 pandemic: How banks can increase resilience against financial crime
Discover

Risk and regulatory transformation

Featured: How can regulation keep up as banking transformation races ahead?
Discover

Contact us

Like what you’ve seen? Get in touch to learn more.