The International Swaps and Derivatives Association, Inc. (ISDA) has published the ISDA 2020 IBOR Fallbacks Protocol (the IBOR Fallbacks Protocol). This client alert sets out key issues counterparties may wish to consider in relation to the IBOR Fallbacks Protocol.
If you have derivatives contracts that are linked to, or refer to, floating rate indices you should read this client alert because your existing and future contracts may be affected and you may be receiving communications from your dealers to modify your contracts. This could affect commercial end users of derivatives, including corporates, funds, pensions funds, insurers and, of course, sell side financial institutions.
Click here to read the full publication.
Authored by Isobel Wright.
Are you sure want to delete comment ?
Scan this QR Code to share this content
