-
16 Dec 2009
The amendment to proposed legislation governing covered bonds has been welcomed by both Republicans and Democrats
-
15 Dec 2009
As Rusal’s proposed IPO in Hong Kong was delayed again last week, those close to the company have endorsed the listing committee’s approach
-
10 Dec 2009
From schizophrenic investor presentations to the UAE’s immature insolvency regime, IFLR spoke to the lawyers closest to Dubai World and found out what they really think about the default in the Middle East
-
10 Dec 2009
An amendment to proposed US tax legislation has provided foreign bearer bonds with an exemption to excise tax
-
10 Dec 2009
GE Capital’s $500 million sukuk programme is the first investment grade sukuk by a US corporate and it will increase the appetite amongst US companies for Islamic finance
-
10 Dec 2009
Concerns that the proposed Foreign Account Tax Compliance Act would severely hamper the ability of US companies to issue bearer bonds have been eased by an amendment
-
10 Dec 2009
Indonesia’s first international initial public offering (IPO) this year has revealed the impact of Bapepam’s new offering regulations on underwriters
-
10 Dec 2009
Investors holding sovereign bonds in Asia should not be alarmed by the struggles for recourse in Dubai World’s Nakheel bonds
-
04 Dec 2009
Banks could demand that their corporate counterparties in China seek more advice on trades, after a senior Chinese regulator criticised international banks
-
04 Dec 2009
The international investment in Nakheel’s bond will mean UAE legislation and restructuring tools could be used for the first time
-
04 Dec 2009
Recourse on Dubai World's Nakheel bonds could depend on what creditors are holding, and the law their lending documentation was structured in
-
04 Dec 2009
Rating agencies are beginning to remove systemic and regional support from the way they assess hybrid securities and subordinated debt. Alongside wider notching, this means likely downgrades
-
02 Dec 2009
Overpriced sovereign debt could be the next burst bubble, according to Hong Kong’s top regulator, Martin Wheatley
-
01 Dec 2009
The European Central Bank's (ECB) requirement of two qualified ratings on asset-backed securitisations (ABS) could force a rush of struggling institutions to originate new deals
-
01 Dec 2009
Banks could demand that their corporate counterparties in China seek more advice on trades, after a senior Chinese regulator criticised international banks for ''maliciously'' selling derivatives
-
01 Dec 2009
Granting financing to prominent borrowers based on family name or reputation has long been a common practice across the Middle East. But with liquidity stretched and the region's banks looking more carefully at their risk profile, name lending could be on the way out
-
01 Dec 2009
The Federal Reserve Bank of New York (NY Fed) is considering easing its stance on granting loans through the Term Asset-backed securities Loan Facility (Talf) for commercial mortgage-backed securities (CMBS)
-
01 Dec 2009
Counsel in Hong Kong and China are concerned that the quality of disclosure on some Chinese company offering documents is being sacrificed in a bid to catch the latest stock market rally
-
01 Dec 2009
A new legal team in a new bank, launched in the middle of a financial crisis. It was a big challenge for Noor Bank's head of legal, Omar Rahman
-
01 Dec 2009
The position of creditors depends on the bonds they hold, and how local law plays out with hedge funds involved
-
01 Dec 2009
It's looking good for legislation to provide certainty for US covered bonds. But European banks are also pushing to issue dollar-denomiated versions. The race is on
-
01 Dec 2009
Lloyds's exchange offer was popular with both investors and regulators. But any future deals will have to deal with several areas of legal uncertainty
-
01 Dec 2009
As Asia's first exchange-backed dark pool launches, the US and Europe are proposing rules to crack down on them
-
01 Dec 2009
How Indonesian bonds could avoid new tax regulations
-
01 Dec 2009
Why are US mortgage Reits so popular, given that so many failed during the financial crisis? Because there are no banks
-
01 Dec 2009
Rating agencies are downgrading hybrids due to the removal of systemic and regional support from their process. And although banks are recovering, upgrades are unlikely
-
01 Dec 2009
Mezzanine lenders have won some key concessions in the revised LMA standard form intercreditor agreement. But they might never appear
-
01 Dec 2009
The treatment of secondary trading of transferred loans is different in England and New York in some surprising ways
-
26 Nov 2009
Cesr's plan to review the regulation of dark pools has left some worried that it may be bundled into next year’s Mifid review and neglected
-
26 Nov 2009
The European Central Bank’s (ECB) requirement of two qualified ratings on asset-backed securitisations (ABS) could force a rush of struggling institutions to originate new deals
-
24 Nov 2009
The US Securities and Exchange Commission’s proposed rules on dark pools may limit the frequency of transactions between institutional investors
-
24 Nov 2009
A Vietnamese company has sold convertible bonds on the international market for the first time, thanks to government support, regulatory flexibility and a high level of disclosure
-
24 Nov 2009
Asia’s first exchange-backed dark pool, (the Chi-X/SGX joint venture) is preparing to launch. Here it explains why retail investors won't be negatively affected and how it differs from banks' own dark pools
-
23 Nov 2009
EU regulation designed to streamline investor protection documentation across Europe could encroach on the wholesale market, and limit access to certain investor groups
-
20 Nov 2009
A likely amendment to the Financial Stability Improvement Act should encourage covered bonds in the US. If passed, the rules will offer similar features to European covered bonds legislation
-
20 Nov 2009
Structured products are returning to Hong Kong, but with shorter tenders and more protections
-
19 Nov 2009
As China’s regulators prepare to launch Shanghai’s international board next year, counsel believe that the regulations governing foreign-company listings will mirror those of A-share IPOs
-
19 Nov 2009
The Securities and Futures Commission has defended its approach and explained the key findings of its structured products-related enforcement of the last 12 months
-
18 Nov 2009
Indonesia's Law 24 on translating documents into Indonesian remains unclear, but banks are starting to develop best practice when dealing with it
-
18 Nov 2009
Mark Dickens, the head of listing at the Hong Kong Stock Exchange, believes that a new listing regime is needed to attract foreign companies to Hong Kong
-
18 Nov 2009
Go slow, don't take anything for granted and treat it as a completely new market. Those are banks' recommendations for those trying to do deals under Korea's new capital markets law
-
18 Nov 2009
Practice Note 21 should be abolished in Hong Kong, according to Mark Dickens at the exchange. Though the note could be replaced by a more onerous set of requirements
-
17 Nov 2009
Changes to regulations governing withholding tax in Indonesia could limit the appeal of issuing bonds as a financing tool
-
12 Nov 2009
Lloyds Banking Group’s exchange offer for new contingent convertible has been popular with investors, but important regulatory questions must be tackled before the instrument can take off in the UK
-
12 Nov 2009
A glut of maturing debt in the US would be eased by covered bonds. But new legislation and European dominance need to be addressed first
-
12 Nov 2009
The contingent convertible structure explained
-
10 Nov 2009
Why are US mortgage Reits so popular again, given that so many failed during the financial crisis? Because there are no banks
-
10 Nov 2009
Reits and their history explained
-
10 Nov 2009
Reits and their history explained
-
06 Nov 2009
The NY Fed is considering easing its stance on granting loans through the Term Asset-backed securities Loan Facility for commercial mortgage-backed securities
-
06 Nov 2009
The Federal Reserve Bank of New York has been granting loans for legacy CMBS. There is confusion, however, over why some applications are refused
-
05 Nov 2009
Counsel in Hong Kong and China are concerned that the quality of disclosure on some Chinese company offering documents is being sacrificed in a bid to catch the latest stock market rally
-
05 Nov 2009
Capital markets lawyers debate solutions to the problem of fraudulent Chinese offering documents
-
05 Nov 2009
The problems with family-group companies, why sukuk defaults have a silver lining and American finance is like an old tree
-
05 Nov 2009
The rise of Shanghai could cause a decline in the number of Chinese companies listing on Singapore's exchange. But options to attract companies are limited
-
01 Nov 2009
-
01 Nov 2009
SEC rule changes have made it easier for banks to set up ADR facilities without the issuer's knowledge. And there's no easy way for companies to opt out
-
01 Nov 2009
Counsel are begging for clarity on Indonesia's new language requirements for deal documentation
-
01 Nov 2009
Proposed changes to the Prospectus Directive are unexpected, unclear and potentially counterproductive. But left unchecked they could be in place by Christmas
-
01 Nov 2009
Don't pick apart the proposals of the Hong Kong SFC on protecting investors. Suggest practical alternatives that still fit their spirit
-
01 Nov 2009
UK companies may have a new choice in listing, but is there a danger the regulators have watered down standards to attract new listings?
-
01 Nov 2009
A US bankruptcy court has required a counterparty to Lehman to continue to make payments to it. Will UK courts take the same approach?
-
01 Nov 2009
This was an exceptional case, but it still broke new ground on the interaction of flawed assets and close-out netting
-
01 Nov 2009
Two years after the establishment of the Specialist Fund Market, there have been few listings but the range of funds is diverse
-
01 Nov 2009
An exclusive view of the law firm rankings from the
IFLR1000 directory, from the biggest jurisdictions
-
01 Nov 2009
A new law may actually succeed in getting private investment into Indonesia's electricity industry. But then these laws have been repealed before
-
01 Nov 2009
The Securities and Futures Commission (SFC) today published a guide for investors to help them understand how the securities and futures markets are regulated