Accenture Publishes Report on 2019 LIBOR Survey

 

Accenture recently published a report entitled “LIBORATION: A practical way to thrive in transition uncertainty.” The report, based on a survey of 177 firms across the financial services and corporate industries, found that although most market participants have LIBOR transition plans in place, there is still uncertainty and a lack of preparation among financial providers, who have expressed concern with a number of unresolved commercial and regulatory issues. The report outlines various recommendations for the transition process, including “10 No Regret Immediate Transition Actions.” Read the full report here.