SRP caught up with global law firm Ashurst to discuss the effects of the ongoing Libor transition on structured product issuers, current challenges plaguing the market, and how regulators are turning their attention to booming trends such as ESG and cryptocurrency.
Ashurst head of global markets Mike Logie ( pictured ) and newly appointed partner in the firm’s global markets practice Lloyd Harmetz provide their insights. What is your take on the ongoing Libor transition? How are structured product investors and issuers coping? Mike Logie: Very broadly speaking, at least on the issuer side, structured products are probably a step behind the derivatives and debt capital markets. This is because, as typically a hybrid of a debt product with an embedde
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