Elizabeth Legg

Director

+44 (0)845 299 6210

Elizabeth Legg, is a Director in Treliant’s Capital Markets Regulatory Change Management practice, specializing in navigating global banks through significant regulatory reform initiatives and the end-to-end delivery of complex transformation programs.

Elizabeth’s expertise spans operations, IT, and front office to deliver global and cross functional transformation. At Treliant and in her previous role at a top tier consulting firm Elizabeth has lead work on several key initiatives including LIBOR transition, uncleared margin, BCBS239, Brexit, and recovery & resolution planning.  In addition, Elizabeth has held senior in-house roles transforming data architecture, digitalization, and onboarding / AML transformation.

Elizabeth has a bachelor’s degree in Geography and North American Studies from the University of Sussex partnering with Occidental College in Los Angeles.

Insights by Elizabeth Legg

Treliant Takeaway...CFPB Joins Other Financial Regulatory Agencies in Issuing Statement on Completing the LIBOR Transition

Treliant helps global banking institutions manage the transition away from LIBOR settings, which ended for Sterling, Swiss franc, Japanese yen, and euro on December 31, 2021. The transition continues for U.S. dollar LIBOR to its replacement rate Secured Overnight Financing Rate (SOFR) ahead of its cessation in June 2023. Our team has deep experience helping our global banking clients prepare for and manage the complexity of regulatory change.

Treliant Takeaway…The FCA Consultation on ‘Synthetic’ US Dollar LIBOR

Treliant helps global banking institutions manage the transition away from LIBOR settings, which ended for Sterling, Swiss franc, Japanese yen, and euro on December 31, 2021. The transition continues for U.S. dollar LIBOR to its replacement rate Secured Overnight Financing Rate (SOFR) ahead of its cessation in June 2023. Our consultant team has deep experience helping our global banking clients prepare for and manage the complexity of regulatory change.

Banking and Capital Markets Regulatory Outlook for 2023

Financial services companies in 2023 are operating in an ever more complex regulatory environment. This year, banks will be continuing to implement the Basel Committee on Banking Supervision’s capital reforms, born of the 2008 financial crisis. At the same time, they will be required to adapt to more contemporary challenges by strengthening their handling of conduct-related concerns and operational risks such as cyber incidents and natural disasters—all with an ever-increasing reliance on third-party vendors.