2nd Annual Benchmark Rate Reform for Treasury and Accounting 2020 | Marcus Evans | 29 June 2020 | Virtual - Online

Why you should attend:
This marcus evans conference will investigate the impact of the transition to risk free rates on the fair value of financial instruments and P&L volatility.

As LIBOR’s demise draws closer, more strain will be placed on financial instruments to move to the newer rates. This shift will introduce changes in the fair value of these instruments and threaten the hedging relationships they are attached to. As time goes on, the threat of ineffective hedging increases, with the associated dangers of de-designation, and the need to potentially unwind certain hedges. Whilst the IASB have released their phase 1 relief and tackled many of these issues, the work is far from over – with further effort needed to manage the transition and period preceding it. It will be crucial that the impact on balance sheets and hedge accounting is foreseen and work is done to mitigate potential issues. With P&L volatility, basis risk, and broken or ineffective hedge relationships looming, institutions must work now to effectively navigate the transition to the backdrop of regulatory guidance.

2020 Speakers

Michael Tiplady
Head, Hedge Accounting, RBS

Suresh Chadda
Head, Hedge Accounting, Rabobank

Rolf Folk
Head, Hedge Accounting, UBS

Duncan Fitzpatrick
Balance Sheet Manager, Newcastle Building Society

Karina Kuks
Head, Balance Sheet Management, Standard Chartered

Cristiano Bonsoli
Head, ALM, BancoBPM

Peter Littler
Independent Treasury Consultant, IBOR Transition, Natwest Markets

Jeroen Bak
Senior Specialist ALM, De Volksbank