Organizations that rely on Libor as a benchmark rate need to prepare for its potential end in 2022. But while Federal Reserve and the Alternative Reference Rates Committee (ARRC) have been working diligently to help companies make the transition, many are still not prepared. There are a number of steps that treasurers need to take—and they need to start making them now.
In this episode of AFP Conversations, Amol Dhargalkar, Managing Director for Chatham Financial, and Jennifer Earyes, CTP, Head of CFO Strategic Initiatives for Navient and a member of several ARRC workgroups, explain how this major paradigm shift will impact treasury and finance professionals.Further insights on Libor can be found in AFP's Libor Transition Guide.
This episode of AFP Conversations is sponsored by: