2.22.20
As the anticipated cessation of LIBOR by year-end 2021 draws nearer, this pressing issue has become a focus for lawmakers and staff on Capitol Hill. On Wednesday, February 19, Structured Finance Association President Kristi Leo joined a market participant panel for Congressional financial services staff that focused on the challenges associated with LIBOR transition. Recognizing the scope, scale, and implications for our industry and members, SFA has positioned the issue as one of its top advocacy priorities on Capitol Hill. While significant progress was made elevating awareness of the issue in 2019, the industry and regulators must continue working diligently towards a concrete solution in 2020.
If you’re interested in joining the LIBOR Task Force please contact the SFA Team.