EVENT: PwC Briefs Corporate Members on Libor and Brexit

Date: 3rd May, 2019 Time: 01:00 pm - 02:30 pm
PwC Briefs Corporate Members on Libor and Brexit

Senior PwC executives briefed our Corporate Members on latest developments in the replacement of Libor and other interest rate benchmarks with new and more reliable instruments.

Nassim Daneshzadeh, a Partner at PwC and the firm's co-lead on Libor Transition, and Sergen Djemal, a Manager in the Banking and Capital Markets practice, outlined the timescale of abolishing Libor and described the current status of plans to introduce replacement benchmarks. Their presentation, which is attached below, identified near-term priorities for banks that have been using Libor, and gave examples of tools that banks can use to discover and then remediate contracts that will be affected by the transition. 

Andrew Gray, a partner in PwC's legal department then briefed participants on latest Brexit developments and led a discussion on possible scenarios for the next few months. 

The photo shows Hani Salem, PwC (and ABA Treasurer), Nassim Daneshzadeh, Andrew Gray, Sergen Djemal, and George Kanaan, ABA CEO. 

Contact details for the PwC team are:

Nassim Daneshzadeh
Partner | LIBOR Transition UK Co-Lead 
Sergen Djemal 
Manager | Banking & Capital Markets
Andrew Gray
Partner, Legal
ABA Meeting Discussion Document FINAL

More in Events

Changing Technology Risk in the Banking Sector

In partnership with PwC, one of our corporate members, we are pleased to offer a Webinar that will address technology risk in the banking sector, with a particular focus on the challenges that arise during a crisis. The Webinar will be...

  • Date: 15th July, 2020
  • On-line!

Accelerated Recovery Post Global Lock Down: Turning NPLs into...

ABA Corporate Member Grant Thornton will present a seminar on how banks can successfully convert their non-performing loans into recoveries.  The webinar will take place at 11.00am on Tuesday 7 July.  It will explore how...

  • Date: 7th July, 2020
  • On-line!

Grant Thornton Regulatory Roundtables

The ABA and Grant Thornton will present a series of round tables that are aimed exclusively at CEOs of members banks of the Association and their senior compliance staff.  The objective of their on-line updates will be to discuss...

  • Date: 25th June, 2020
  • On-line!

ABA Webinars: watch this space

We are holding a series of Webinars on the effects of the Covid-19 lockdown. These are arranged, often at short notice, so please keep an eye on this space. We sometimes hold more than one Webinar in a week.

  • Date: 31st July, 2020

FTI Consulting: Webinar on Sanctions Evasion Networks

FTI Consulting will deliver an online seminar on Sanctions Evasion Networks at 11am on Friday 12 June. The last 18 months have seen a proliferation of sanctions evasion networks across the globe. These are designed to assist sanctioned...

  • Date: 12th June, 2020
  • On-line!

Upcoming ABA Events

Other Upcoming Events