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LIBOR Tool

The 2021 deadline to move from LIBOR (London Interbank Offered Rate) to a new financing rate requires firms to structurally revisit everything from their products to risk models to accounting strategies.

The Hogan Lovells LIBOR tool tracks the latest regulatory developments across the major currency benchmarks, enabling you to keep on top of the evolving picture as you prepare for transition.

We cover the major currency benchmarks, including £ LIBOR/SONIA, USD LIBOR/SOFR, Euro Rates, CHF LIBOR/SARON and Yen LIBOR/TIBOR.

All major regulators involved in benchmark reform are tracked as well as the key industry bodies, including ICMA, LMA, ISDA and AFME.

Updated daily, ensuring the tool can be relied on for the most recent picture.

High quality insights allow users to cut through the noise to identify what should be prioritised.

Interactive note-taking and noticeboard functions help embed requirements into your workflow.

Our LIBOR offering

The legal and operational issues surrounding a transition from LIBOR (including litigation risk) to new risk free rates (RFRs) are complex and wide ranging. A successful repapering exercise requires a precise understanding of those legal issues in the context of the client’s business, as well as the practical realities of the financial markets’ transition to new RFRs across different currencies and financial products.

We have developed a ‘one stop shop’ solution to support clients in light of the discontinuation of LIBOR after 2021, with an advanced delivery toolkit to provide legal expertise using alternative resourcing through Hogan Lovells Legal Delivery Center and low cost delivery outsourcing firms, including Cognia Legal and Elevate and AI technology through our partnership with FTI Consulting.

We have built an innovative, highly scalable and efficient delivery model leveraging AI, alternative delivery models and cutting edge legal expertise.

Our market insight, coupled with our connectivity to regulatory bodies, has allowed us to develop a hybrid process that combines the best people with the most advanced legal technologies to deliver a premium LIBOR replacement service at a reduced cost. We would be delighted to discuss this solution with you in more detail.

View our brochure

Core Team

Our financial institutions sector lawyers form one of the largest practices of its kind, with a presence in all of the world’s financial hubs. Our award-winning multijurisdictional teams work on regulatory, corporate, commercial, and product issues, combining industry experience with an in-depth knowledge of the regulatory background to provide a perspective on financial services that few competitors can match.

Sharon Lewis

Partner

Paris, London

sharon.lewis@hoganlovells.com

Rachel Dabydoyal

Head of Alternative Delivery Solutions

London

rachel.dabydoyal@hoganlovells.com

James Doyle

Partner

London

james.doyle@hoganlovells.com

Penny Angell

Partner

London

penny.angell@hoganlovells.com

Susan Whitehead

Senior Consultant

London

susan.whitehead@ hoganlovells.com

Isobel Wright

Counsel Knowledge Lawyer

London

isobel.wright@ hoganlovells.com