Eye on IBOR Transition is a blog published by Mayer Brown that focuses on the global transition from interbank offered rates (IBORs), such as LIBOR, to alternative risk-free reference rates like SOFR. The blog covers regulatory developments, market practices, and legal implications related to the cessation of LIBOR and other IBOR benchmarks across various jurisdictions including the US, Canada, Singapore, and Japan. It addresses issues such as contract amendments, fallback provisions, and the impact on financial products including loans, mortgages, and derivatives. The blog also discusses relevant legislation and regulatory guidance affecting the transition process and market participants.