LIBOR Transition Learning Goals – Topics in Focus

LIBOR Transition Project Management

Learning Objectives

  1. Understanding of Unique Challenges of Managing LIBOR Transition Projects.
  2. LIBOR Transition Fit into the Organizational and Management Structures of Financial Services organizations.
  3. Operating models for LIBOR project management.
  4. Establishing LIBOR Project Management Framework.
  5. Resource and Budget Planning.
  6. Adapting ARRC’s Practical Implementation Checklist for SOFR Adoption.
  7. Interactions with business, functional and support departments.
  8. Best Practices for Management of LIBOR Transition Project Timelines.
  9. Management of Internal and External Communication.
  10. 10 common misconceptions.
Start Course
Download Details
Contact Us

Course Framework

1. Overview of Project Management Challenges

  • LIBOR Transition Program Framework​
  • Operational and Technology Readiness​
  • Communication Strategy​
  • LIBOR Transition Program Mobilization

2. Organizational and management structures of financial services organizations

3. ARRC Practical Implementation Checklist for SOFR Adoption

  • Transition program mobilization and management
  • Operational and Technology Readiness​
  • Communication Strategy​
  • Exposure management and valuation

4. ARRC Practical Implementation Checklist for SOFR Adoption - II

  • Portfolio and Product Strategy​
  • Contractual Remediation​
  • Risk Management​
  • Accounting and reporting
  • Taxation and regulation

5. Establishing LIBOR Project Management Framework

  • Operating models for LIBOR project management
  • Assignment of responsibilities
  • Estabilshing and communicating transition scenarios
  • Ensuring project delivery and completion

6. Constructing a LIBOR Transition Plan

7. Exexuting LIBOR Transition Plan

8. Diversity of Consent Solicitation based on Asset Class

9. P&L Impact on Fallback Date and Its Implications

  • Significance of value transfer for existing Libor contracts
  • Impact on counterparty exposure, collateral and xVA measures
  • Impact of tax treatment on the decision- making process for transition timing
  • Limits and risk mitigation on potential fallback P&L impact
  • Exposure measures and hedging of LIBOR SOFR basis spread