As from Decem­ber 31, 2021, LIBOR will cease to exist or lose rep­res­ent­at­ive­ness. That’s less than 200 days from now to smoothly trans­ition to altern­at­ive ref­er­ence rates.  The trans­ition comes with leg­al, TP, tax, treas­ury and tech­no­logy chal­lenges.

If timely and prop­er atten­tion are giv­en, costs can be con­tained, con­trol main­tained and uncer­tainty avoided. Time to act!