When IFLR held its capital markets conference last
year, lawyers came together to bemoan the lack of work and take
comfort that private practice and in-house counsel were all in
the same situation. Not any more.
This year, panellists debated new structures, emerging
trends and potential solutions to long-standing problems in
front of a far more optimistic audience.
Here are some of the highlights:
Securitisation was supposed to distribute risk but in
reality it only succeeded in increasing the overall systemic
risk while generating income for the originator.
Ronald Arculli, chairman of the Hong Kong Stock