Are EM risk disclosures out of control?

Author: Danielle Myles | Published: 11 Apr 2013


As more banks, law firms and advisers become involved in emerging markets, it is becoming harder to win deal mandates.Emerging market clients are asking banks for more pre-deal structuring and advice, often wanting a fully-baked solution before awarding a mandate;Market opinion is divided over how significant a risk must be, before it is disclosed in offering documents.International and local counsel have a more influential role than banks when...