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The upcoming phase-out of the interbank lending rate (IBOR) means big changes to financial services – but few firms are prepared.
On Thursday 29 October 12.30 pm Benelux Chamber of Commerce in China's connection The Belgium - Luxembourg Chamber of Commerce in Hong Kong their corporate member & gold sponsor BNP Paribas will give an insightful overview on the IBOR transition.
Julien Szternberg from BNP Paribas will provide us with an introduction to the IBOR transition, followed by an overview of the reasons for moving away from (L)IBOR & the alternative RFRs. In addition, he will discuss the consequences of the IBOR transition for FI & SMEs and the pricing implications.
Afterwards Jenny Huang and Tracy Chan from Ernst & Young Hong Kong will present their insights from a consultancy point of view. They will cover topics including risk and valuation, legal implications & accounting and tax implications.
The webinar will be concluded by a Q&A session with all the attendees.
Why should you attend the IBOR transition webinar?
- Get the latest developments on IBOR transition globally & within the APAC region directly from the experts;
- Learn about the implications of the IBOR transition - it is key for organizations to take the necessary steps to mitigate the emerging risks of transitioning including: legal and client outreach, risk management and finance, operations and technology, accounting and tax.
- Discover how to manage stakeholders throughout the IBOR transition.
We are happy to welcome our BNP Paribas representative & BLCC Director of the Board Arnaud Lambotte to provide the opening remarks.
Speakers
Tracy Chan
Manager of Financial Accounting Advisory Services at Ernst & Young Hong Kong
More Information
Julien
Szternberg
Head of ALM Treasury APAC Strategic Advisory at BNP Paribas
Julien is a financial markets and risk management professional with more than 20 years’ experience in Asset-Liability Management, including 10 years in the Asia Pacific region. Julien is currently head of ALM Treasury APAC Strategic Advisory, and head of ALM Treasury Global Markets APAC. His expertise includes liquidity and interest rate risks management, financial markets, funds transfer pricing, hedge accounting, regulations, own debt issuances, management of ALMT investment portfolio across currencies and cross-border optimization.
Tracy Chan
Manager of Financial Accounting Advisory Services at Ernst & Young Hong Kong
Tracy Chan is a Manager within the EY Financial Accounting Advisory Services team based in Hong Kong. She has experience working on technical accounting projects for financial institutions located within the APAC region (IFRS 9, Hedge Accounting, etc.). She is part of the EY IBOR transition campaign and focuses on the implications of the IBOR transition over the financial reporting frameworks.
Jenny Huang
Partner of Financial Services Risk Management at Ernst & Young Hong Kong
Jenny has over 12 years of experience in helping financial institutions on recovery and resolution planning, IFRS 9, IRRBB, booking model, internal audit, risk and control, outsourcing process management, capital assessment and optimization. Jenny is actively leading the Ernst & Young Hong Kong IBOR programmes and developing comprehensive solutions for different banks including multinational banks, Chinese inbound banks and local banks.
