The deadline for shifting all contracts over from Libor to the UK’s replacement Sonia is fast approaching. As one market participant puts it, if you wait until 2021, there aren’t enough lawyers in the world to help
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Alice is Americas Editor for IFLR, with a responsibility for the US markets, particularly covering how they interact with the UK and Europe. She regularly touches base with market participants positioned both on the buy and sell side, but also with a large number of advisors and consultants across all parts of the market. Previously, she focused on benchmark reform and Brexit.