Was it invented here?

December 01, 2009

In the US the acronym NIH is primarily linked to the National Institutes of Health. But it has a darker meaning too. Last week my managing editor and I sat blank faced when a US lawyer in London passed comment on prospective covered bond legislation. "Even if it goes through, it is most likely to suffer from NIH syndrome," he said. NIH? We were at a loss, but soon we were put out of our ignorance: "Not Invented Here."

The term entered the public consciousness in the US...

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Resources

In the past foreign investors had to contribute capital in a foreign currency. Now renminbi can be used to service an investment in China and pay investors

William Liu of Linklaters on the significance of Hopewell's international renminbi bond

Web seminars

US regulatory reform
August 3 2010
The impact of US regulatory reform on foreign financial institutions and issuers. A discussion with UBS, Morrison & Foerster and IFLR