Are EM risk disclosures out of control?

Author: Danielle Myles | Published: 11 Apr 2013

KEY TAKEAWAYS

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...