(Guest contribution for Zeitschrift für das gesamte Kreditwesen)
Since the aftermath of the GFC and the revelation of LIBOR manipulations, regulators are undertaking a fundamental review of the most important benchmarks and develop reform plans accordingly. In this article, written in collaboration with the German Savings Bank Association (DSGV), we shed light on the status quo and ongoing developments of EURIBOR and LIBOR as well as the upcoming transition from EONIA to ESTER. The bottom line: there is a need of action now to cope with the major challenges coming along with the benchmark reform.
Please find here the article on the benchmark reform.
Since July 2015 Andreas Hock has been a manager at LPA in the Risk & Quant Consulting team. Before that, he studied mathematical finance at the Technical University of Munich and gained his first consulting experience at PwC. Here at LPA, he now deals with quantitative topics relating to the valuation of financial instruments, regulatory requirements and digitalisation.