Paul Noring, Managing Director, Berkeley Research Group, to Speak at The Knowledge Group’s Event

The Knowledge Group, the leading producer of regulatory-focused webcasts, has announced today that Paul Noring, a managing director at Berkeley Research Group, will speak at its webcast entitled, “‘Zombie’ LIBOR for USD Contracts: Navigating the Critical Issues” LIVE Webcast. End Quote

(1888PressRelease) May 07, 2021 - This event is scheduled for Wednesday, May 12, 2021, from 12:00 PM to 1:00 PM (ET).

For further details, please visit: https://knowledgewebcasts.com/know-portfolio/zombie-libor-for-usd-contracts-cle-cpe/

About Paul Noring
Paul Noring, CPA is a managing director with Berkeley Research Group based out of Washington, DC. Mr. Noring has over 33 years of banking and capital markets experience. Prior to joining BRG in September 2019, he spent 13 years at Navigant Consulting, where he led the Banking, Insurance & Capital Markets practice. Prior to that, he was a senior officer at Fannie Mae and a partner in the Banking & Capital Markets group at PricewaterhouseCoopers.

Over the last three years, Mr. Noring has been deeply involved in LIBOR transition efforts. He is a member of the Mortgage Bankers Association (MBA) LIBOR Transition working group. He has given speeches, webinars, townhalls and training on the topic to various financial institutions. He also has written thought leadership pieces and spent considerable time evaluating non-SOFR alternatives such as Ameribor. He has worked with both midsize banks and large institutions around their transition efforts. Most of his emphasis has been on governance, mobilization, project planning and program management. He also is actively involved in addressing system considerations associated with moving from simple interest calculations to compound interest.

Mr. Noring has deep prior experience with loan accounting, derivative operations, hedge accounting and asset/liability management. He has worked with all types and sizes of financial institutions, from community banks to many of the world’s largest global institutions. He also has spent significant time interfacing with boards of directors and bank regulators.

About Berkeley Research Group
Berkeley Research Group, LLC is a global consulting firm that helps leading organizations advance in three key areas: disputes and investigations, corporate finance, and performance improvement and advisory. Headquartered in California with offices around the world, we are an integrated group of experts, industry leaders, academics, data scientists and professionals working across borders and disciplines. We harness our collective expertise to deliver the inspired insights and practical strategies our clients need to stay ahead of what's next. Visit thinkbrg.com to learn more.

Abstract
The scheduled phase-out of the London Interbank Offered Rate (LIBOR) by the end of 2021 is posing significant transition challenges for banks and concerned individuals. Further, ICE Benchmark Administration Limited (IBA) announced in December 2020 the extension of U.S. dollar (USD) LIBOR through June 2023, creating a change in the LIBOR transition process and opening more ambiguities in managing USD contracts.
With these and other critical issues emerging in the backdrop, financial institutions must keep themselves abreast of the latest developments and develop a strategic plan to ensure that risks and pitfalls are well mitigated.

In this LIVE CLE Webcast, a panel of key thought leaders and professionals assembled by The Knowledge Group will provide an in-depth analysis of the critical issues surrounding LIBOR. Speakers also will offer essential best practices in this evolving area of law.

Major topics that will be covered in this course include:
• Overview of USD LIBOR
• Recent Trends and Developments
o LIBOR Indices Set to Transition by Year-End 2021
o U.S. Regulator on No New LIBOR Contracts After 2021
o Ramifications of ISDA Protocol’s Immediate Implementation
• New USD LIBOR Transition Timeline
• Red Flags
• Practical Tips and Best Practices
• What Lies Ahead

About The Knowledge Group
Founded in November 2006, The Knowledge Group has been at the forefront of providing quality continuing education programs for lawyers, accountants, financial executives, risk and compliance specialists, human resources professionals, technology officers, and business consultants in a wide range of industries.

The Knowledge Group strives to be the best-in-class provider of continuing education by bringing forth relevant content you can’t get anywhere else.

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