Client: Shearman & Sterling
In 2017, the U.K. Financial Conduct Authority announced that the LIBOR benchmark, used for calculating short-term interest rates around the world, would be phased out by 2021. As countries shift to a variety of other benchmarks, the implications are considerable and complicated for the global banking community.
Shearman & Sterling hired Knox Design Strategy to design a corporate guide to help companies and organizations manage this transition. The result is an in-depth guide providing concrete steps, checklists, and resources for corporate officers to navigate the transition with confidence.