News analysis

  • Europe outlines sovereign wealth regulation

    27 Feb 2008

    Despite a warning from IFLR, the European Commission will press ahead with a voluntary code of conduct for sovereign wealth funds

  • Parliament is dangerously naïve about securitisation

    22 Feb 2008

    The UK parliament and media do not understand structured finance. In one lawyer's words, "securitisation is being subjected to tabloid journalism"

  • Sovereign fund regulation begins

    20 Feb 2008

    Sovereign wealth fund regulation starts here, as Australia sets a precedent for international guidelines on government-backed investors

  • Hedge fund listings to flood London

    19 Feb 2008

    MW Tops' plan to list in London due to a rule change is set to spark a flurry of similar moves in the market

  • Northern Rock bill: shareholders will sue

    19 Feb 2008

    The UK government faces a wave of litigation after announcing emergency legislation to nationalise Northern Rock and leave shareholders with nothing

  • Revealed: Europe awards shortlists

    18 Feb 2008

    The shortlists for this year's IFLR Europe awards have been announced, with Freshfields Bruckhaus Deringer gathering the most team nominations

  • Smaller US securities get a boost

    15 Feb 2008

    The SEC's amendments to Rules 144 and 145 became effective today, and lawyers are torn between whether they will make a difference in the US market

  • 2008: year of the Spacs?

    14 Feb 2008

    As the financial world dives deeper into a bear market, Special Purpose Acquisition Companies look to be replacing permanent capital listings

  • Bank syndicates split by Credit Suisse

    14 Feb 2008

    There is no need for banks to start contracting the selling of syndicated debt, despite Credit Suisse's breach of the "gentleman's agreement" governing this practice in the US

  • Ratings agencies are just scapegoats for the banks

    14 Feb 2008

    Financial arrangers must become more transparent to bring back investor confidence. Ratings agency reforms are needed, but will do little without more openness from banks, say lawyers

  • Singapore joins QDII club

    14 Feb 2008

    It's unclear how enthusiastic Chinese banks will be for securities in anything other than the bubbling Shanghai market, but Singapore has joined the growing list of countries available to Qualified Domestic Institutional Investors

  • UK listing review may undermine London

    07 Feb 2008

    While the UK Financial Services Authority's (FSA) discussion paper on listing in London may have laudable objectives, counsel worry that there may be unintended consequences

  • Asian in-house and bankers at war

    06 Feb 2008

    November's edition of IFLR revealed that Asian in-house counsel were running scared of their front office. In recent weeks, the situation has deteriorated

  • UK government threatens shareholder rights

    06 Feb 2008

    The UK's Treasury Committee plans to strip bank shareholders of their voting rights, in a move which could lead to a litigious backlash

  • New deals cut senior debt

    05 Feb 2008

    Expect new debt issuance to have smaller senior tranches. Investors want stakes at the top of the capital structure, but preferably with a large buffer-zone below

  • Panic

    01 Feb 2008

    There is public and political pressure to keep out or at least regulate sovereign wealth funds. It must be resisted

  • Canada's position

    01 Feb 2008

    Although Canada has set out its views on foreign state buyers, its guidelines offer insufficient guidance

  • Keep out the politicians

    01 Feb 2008

    Reaction to proposed oversight of UK's FSA

  • The market needs netting

    01 Feb 2008

    Derivatives in China need several reforms if they are to work, including a safe harbour for close-out netting and better definitions

  • An unusual opportunity

    01 Feb 2008

    Would you like to buy bonds and help the environment at the same time? The EIB's innovation allows investors to do just that

  • Learn the liability dance

    01 Feb 2008

    How foreigners should negotiate liability caps in Chinese contracts

  • The same rules for everyone

    01 Feb 2008

    The sub-prime crisis and Enron were created by the same lack of transparency. International cooperation is the only way to solve it