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The weekly news source for investment management legal and compliance professionals

News February 25, 2019 Issue

Assess LIBOR Exposure in Preparation for Shift

Advisory firms need to prepare for the financial community’s coming switch from the London Interbank Offered Rate (LIBOR) as the most commonly used interest rate benchmarks. Those who think of the benchmark situation as a problem affecting primarily banks are likely to be in for a rude shock, as many portfolios and financial contracts may be affected by it.

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