Welcome to the latest issue of Mayer Brown's IBOR Transition Digest—a periodic compendium of global regulatory and market developments and insights on the complex issues confronting financial market participants as they plan to transition from LIBOR and its variants to replacement benchmark interest rates. As attention to IBORtransition accelerates and becomes more focused, it is critical to have access to comprehensive and timely resources about the market.

For additional resources and an introduction to our global cross-practice IBOR Transition Task Force, please visit Mayer Brown's IBOR Transition portal.

Thought Leadership | News and Developments | Events

THOUGHT LEADERSHIP

Virtually the same: 35th ISDA AGM
The Long and Short of It Blog, 20 May 2021
Summarizing highlights of select Annual General Meeting topics, including IBOR Transition.

Legislative solutions to tough legacy contracts are passed into UK law
Eye on IBOR Transition Blog, 19 May 2021
On 29 April 2021, the Financial Services Act 2021 received Royal Assent and became law in the United Kingdom. The Act introduced reforms to a number of key UK financial services frameworks (which also represent the first major changes to the UK regulatory landscape following the UK's departure from the European Union on 31 December 2020), including amendments to the UK Benchmarks Regulation.

A LIBOR of love: considerations for use of IBOR fall-backs or active transition
The Long and Short of It Blog, 30 April 2021
Highlighting relevant considerations to the decision whether to actively transition derivative contracts to RFRs.

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