
Libor transition: Prepare for an impact beyond treasury
Frances Hinden, Shell’s vice president of treasury said that Libor is deeply embedded within a corporate’s business. How should treasurers prepare?

Despite Financial Conduct Authority chief Andrew Bailey’s warning last year that everyone needs to jump off the ship that is Libor (London Inter-Bank Offered Rate) before it sinks in 2021, the benchmark is still being widely used.
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