June 2009

Cover story

Awards

  • Bankers' Counsel Poll 2009

    Bankers' counsel believe a single global regulator is both undesirable and impossible. They also think that the FSA has been the UK's biggest asset and that a return to Glass-Steagall would be a bad move. By Elizabeth Fournier

People and firms

Deal digest

The big question

News analysis

Features

  • Asia rights offerings

    Making sense of the regimes

    A comparison of local regulation of rights offerings across Asia and a call for it to be harmonised

  • China derivatives

    International Chinese standards

    The 2009 Nafmii Master Agreement is a synthesis of the best international standards, with Chinese adaptations

  • European Capital Markets Forum

    A lot to talk about

    Europe's top lawyers and banks had an immense range of proposed regulation, crisis management and legal structures to debate at this year's Capital Markets Forum in London

  • CMBS workouts

    Special servicers key to property deals

    Structured finance and special servicing is changing commercial property loan workouts. You need to know how a special servicer works

  • US Spacs

    Be careful with time limits

    Getting Spacs more time for an acquisition can be tricky. Make sure you consider disclosure, authority and contractual issues

  • Collapsed US takeovers

    Lessons of the Dow/Rohm saga

    Unlike the Hexion or United Rentals cases, Dow tried to pull out of its acquisition by challenging specific performance as inequitable

  • US corporate governance roundtable

    Time to resolve voting

    How Tarp and the SEC's moves on proxy access will change shareholder rights

  • Capital Requirements Directive

    Welcome flexibility

    At least the final directive has some options for banks. That 5% retention might go up though

  • UK hedge funds

    Managers and funds swap places

    The UK budget is encouraging funds onshore. But income tax and the hedge funds directive are pushing managers offshore

  • Global financial architecture

    Watch for emerging nations

    Imagine if developing countries aggressively coordinate on international finance. That could be the result of the G20

  • Enforcing Russian security

    New regime needs tweaks

    Good news for foreign creditors, especially for the risk of a security provider going insolvent

  • US Dip financing

    Hedge funds have taken control

    Hedge funds and private equity are changing the way debtor-in-possession loans work. Expect more arguments over control clauses and lien facility positioning

  • Alternative funds directive

    Nobody is happy

    Private equity houses object to the scope of the AIFM directive, while some politicians want it to go further

Profile

  • Profile: Jasmin Kölbl-Vogt, Citigroup

    A necessary headache

    Bafin should be commended for its work in Germany, says Jasmin Kölbl-Vogt of Citi

International Briefings

Supplements

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

Latest Issue

September 2010

Avoiding the circular
China-based companies are moving away from Circular 10 when listing abroad. New work-around structures are emerging [more]