Amidst COVID-19 concerns, there are ongoing regulatory considerations that require attention. Through our direct involvement in the market and regulatory affairs for all segments of the commercial lending business, AFS has been at the forefront of the coming mandatory transition to SOFR, working closely with the ARRC and other industry leaders to provide clarifications on LIBOR and SOFR. Currently, the onset of COVID-19 has not delayed the transition timeline, which calls for the cessation of LIBOR by the end of 2021. However, that does not mean that COVID-19 won’t have an effect on the preparedness planning for banks. Get the latest and keep on track for the transition with regular LIBOR Update webinars. Download and listen to past webinars. Take a look at what has been shared with our clients . And visit our LIBOR FAQ page for more insight into this critical topic.