Leading the way in innovation for over 55 years, we build greater futures for businesses across multiple industries and 55 countries.
Our triple bottom line focuses on people, the planet, and purpose. Together we are ready to go the extra mile to empower communities while transforming countless lives and industries along the way.
We share news, insights, analysis and research – tailored to your unique interests – to help you deepen your knowledge and impact.
At TCS, we believe exceptional work begins with hiring, celebrating and nurturing the best people — from all walks of life.
Get access to a catalog of the latest news stories from across TCS. Discover our press releases, reports, and company announcements.
Banking / WHITE PAPER
Navin Rauniar
Lead – LIBOR Transition, Banking, Financial Services and Insurance, TCS
Zeeshan (Zee) Rashid
Global Head - Risk and Compliance Advisory and LIBOR Transition, Banking, Financial Services and Insurance, TCS
You have these already downloaded
We have sent you a copy of the report to your email again.
The impact of COVID-19 on financial services has been considerable, affecting different lines of business and functions. Likewise, the impact of COVID-19 on LIBOR has been significant, resulting in a great deal of volatility in the LIBOR market. However, regulators have reiterated the unavailability of LIBOR as a benchmark rate post 2021. This means that even as banks scramble to prevent service disruption, their LIBOR transition plans will need to continue on track. To minimize the COVID-19 impact on LIBOR transition, banks must review a few aspects that are intrinsically linked. These include:
The COVID-19 impact on LIBOR transition is largely stemming from market volatility and changes in the regulatory landscape. However, a systematic transition is key to financial stability and banks must take appropriate steps to ensure the same.
The critical role of the Chief Risk Officer in Mergers and Acquisitions
Greenwashing in Financial Services: Why it Matters and What to do
Change and Resilience – Learning from Failures
Enhancing customer journeys in the KYC process