AFME and IMN hosted the 23rd annual Global ABS conference in
Barcelona last week. Over 3,000 private investors, issuers,
regulators, analysts and service providers gathered for one of the
largest conferences for the European structured finance community.
Read on for key takeaways from the Intertrust team and insights
from our own audience poll.
The demise of Libor
A wide range of topics were covered, in particular the imminent
demise of LIBOR and the transition to a replacement as well as EU
regulatory challenges and compliance with the Simple, Transparent
and Standardised (STS) framework. You could have been forgiven for
expecting a rather pessimistic conference due to the various
challenges posed by these changes but on the contrary, even during
the torrential Barcelona rain of Tuesday (who says it never rains
in Barcelona in June?), the atmosphere was very upbeat and
confident. Most attendees agreed that issuers and investors are now
becoming comfortable with