In the Press
June 9, 2023

Not Ready for Libor? Your Firm Is 'Behind the Eight Ball' (Ignites)


Fund companies that are experiencing compliance hiccups ahead of the June 30 Libor transition deadline need to act fast, according to compliance consultants and lawyers. To prevent issues, firms must implement written transition plans with internal working groups to oversee the transition, said Jason Monfort, Financial Services and Investment Management partner, to Ignites. “In addition to that, the advisors should be having educational sessions and trainings for employees alike."