The IBOR Transition – what do I need to know?
Danske Bank webinar “The IBOR Transition – what do I need to know?”. Our specialists will share their knowledge about the current status, describe what to focus on and not least, advise you about how to prepare and get through the transition in the smoothest way possible.
The benchmark system supporting the financial markets will undergo substantial changes in the coming years. In fact, the transition period has already begun with the introduction of the new risk free rate €STR back in October 2019, followed by SOFR and SONIA that will replace the known USD and GBP LIBORs. During 2021, both us as a bank and you, our customers, must be prepared for many important deadlines, possible system changes and getting our accounting systems ready for the new reference rates.