CMCAS Presents

LIBOR Transition for Risk Professionals: Why You Should Care

 

Date: Thursday, October 17th 2019

Time: Check-In 5:15pm-5:45pm, Panel Discussion 5:45pm-7:00pm, Cocktail Reception 7:00-8:00pm

Venue: Fitch Solutions, Hearst Building, 300 West 57th Street (at 8th Avenue), 44th Floor, New York, NY

 

**PLEASE CLICK HERE TO REGISTER ONLINE**

 

Loans and derivatives that currently reference LIBOR are estimated at $400 trillion, and this rate holds sway over many aspects of risk in the broader marketplace is deeply embedded in risk management and business processes for interest rate derivatives, repo, debt issuance and several other related areas.
 
As market participants prepare to move away from this 40-year old reference rate starting in 2021, many are seeing this transition as one of the most significant changes for the financial services industry in the next few years.
 
Please join our timely panel discussion on the possible market and pricing impacts of this unprecedented industry-wide transition, covering potential financial, legal, operational, conduct and reputation risk implications.
 
Confirmed Speakers Include:
 
 
Roy Choudhury, Principal, Ernst & Young
Roy is a Principal in the Financial Services Advisory practice at EY based in New York. He leads the Capital Markets sector and co-leads the Treasury & Liquidity practice.
 
Roy leads EY's Global Interbank Offered Rate (IBOR) services, assisting industry working groups, trade associations and market participants in planning as well as the execution of programs focused on IBOR transition to Alternate Reference Rates. Being responsible for EY's service offerings, he focuses on Global Markets and Corporate Treasury function. Furthermore, he is a member of the client outreach and communication working group of the Alternative Reference Rates Committee in the US.
 
He has made presentations at roundtables and conferences on corporate treasury, short-term wholesale funding, risk management, prime brokerage and capital markets.
 
Roy holds an MBA in Finance from Melbourne Business School, and is a member of The Institute of Chartered Accountants of India.
 
Guillaume Helie, Vice President, Goldman Sachs
Guillaume is head of Client Strategies & Solutions for Interest Rate Products (IRP) in North America. His primary focus is on financial institutions (banks, pension funds and insurance companies), spanning tactical and strategic idea generation and solution structuring in IRP space.
 
He is also the COO of LIBOR Transition for the Securities Division, responsible for driving and coordinating various aspects of the transition (e.g. strategy, client engagement, implementation) for Goldman Sachs' market-making businesses globally.
 
He joined Goldman Sachs in 2009 after graduating from Stanford University with an M.S. in Financial Mathematics in 2009. Prior to that, Guillaume received a B.S./M.S. in Engineering from Ecole Centrale Paris and a degree in Economics from Universite Paris Dauphine in France. He is a CFA charterholder.
 
 
William Riordan, Assistant Vice President, Markets Group, Federal Reserve Bank of New York
William Riordan is an Assistant Vice President and Policy Advisor in the Money Markets directorate on the Open Market Trading Desk at the Federal Reserve Bank of New York.
 
The Money Markets directorate is responsible for monitoring and analyzing developments across a wide range of U.S. dollar money markets, with an emphasis on providing information to policy makers on developments relevant to monetary policy implementation. The directorate also is responsible for the production of the New York Fed’s five daily reference interest rates.
 
In addition to being involved in the production of reference interest rates, Will has contributed to the New York Fed’s support of reference rate reform efforts. Since 2014 this has included working with the Alternative Reference Rates Committee-a group of private-sector market participants tasked by the Federal Reserve with identifying alternatives to U.S. dollar LIBOR and ensuring the successful transition away from U.S. dollar LIBOR to the Secured Overnight Financing Rate (SOFR).
 
Will has a B.A. in Economics and International Relations from Tufts University and a M.S. in Economics from the University of Wisconsin-Madison.
 
 
Ian K. Walker, Senior Analyst, J.D., Covenant Review
Ian K. Walker graduated from The University of the West Indies with first class honors in 1984 and Howard University School of Law magna cum laude in 1994. He has practiced law at Davis Polk & Wardwell LLP and as a solo practitioner. He has represented both borrowers and lenders in leveraged finance transactions as well as a variety of financing transactions, such as structured finance and aircraft financings. He has extensive experience in the area of knowledge management and training, including consultancy with leading legal content providers.  Ian's subject matter expertise includes middle market finance, LIBOR, and SOFR. He is Covenant Review's representative on the Alternative Reference Rates Committee's Operations / Infrastructure, Floating Rate Notes, and Business Loans Working Groups.  Ian began working with Covenant Review in 2015.
 
 
 
Thank you to our 2019 PLATINUM SPONSOR: Fitch Solutions
 
  
 
 
 
 
 
 
 

 

REGISTRATION INFORMATION

 

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REGISTRATION FORM FOR OCTOBER 17TH LIBOR REPLACEMENT PROGRAM (IF REGISTERING BY EMAIL OR FAX)

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REGISTRATION FEES:

 

CMCAS MEMBER RATE: $55

 

CMCAS NON-MEMBER RATE: $85

 

DISCOUNT RATE: RE-JOIN/JOIN AND ATTEND ESG PROGRAM ON OCTOBER 17TH 2019: $110

 

(If you join today, membership is valid until December 31, 2020.)

 

Cancelation Policy: Fee refunded with cancelation until close of business day by Tuesday, October 15th 2019.

Cancelations subsequent thereto and no-shows are liable for payment.

 

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