Banking & project finance©2020 IFLR60Banking & project financeUncertainty hangs over Indian crypto communityThe Supreme Court’s ruling to open up crypto was met with enthusiasm, but crypto market participants believe new regulation will not be far behind, 01 Apr 2020 19:00:00 GMT*Updated* IFLR’s coronavirus resource hubLike most of the world, the IFLR editorial team is now working remotely – bringing you thoughtful and considered analysis of how the ongoing Covid-19 pandemic is affecting markets and businesses, 01 Apr 2020 18:00:00 GMTIFLR Americas awards 2020: shortlist revealedIFLR is delighted to announce the nominated deals, teams, firms and individuals for this year's awards, 24 Mar 2020 12:30:00 GMTRemote working: tips, tricks and anecdotes from the IFLR teamWe – along with some special guests – share our best means of maintaining both productivity and some semblance of work/life balance while working at home, 24 Mar 2020 11:45:00 GMTPSD2: market struggles with APIs, SCAFintechs and banks welcome the opportunities presented by the EU's second Payment Services Directive, but fragmentation and other challenges still linger, 24 Mar 2020 10:00:00 GMTDEAL: First Indonesian Basel III-compliant tier two bondBank Tabungan Negara’s issuance sets benchmark documentation for other banks to raise capital from international markets, 18 Mar 2020 01:00:00 GMTA fresh look at acquisition financing termsPartners from Davis Polk’s New York office explain certain aggressive terms found in BSL facilities in 2019 and this year, 12 Mar 2020 00:15:00 GMTOpen banking rules put pressure on Brazil's established banksChanges to the rules governing the sector have allowed for an unprecedented rise in the number of fintechs operating in the world's ninth-largest economy, 10 Mar 2020 11:45:00 GMTBanks are slow to embrace crypto and blockchainDedicated legislation such as France’s PACTE law has encouraged the growth of digital assets, but many traditional institutions remain sceptical, 24 Feb 2020 17:30:00 GMTIFLR Europe Awards 2020: shortlist revealedAll the shortlisted deals, teams, firms and individuals can now be revealed for the annual awards, to be held on April 23 in London, 19 Feb 2020 12:15:00 GMTCrypto community has questions for SEC's 'safe harbor'The proposal released this month by commissioner Hester Peirce was at first welcomed, but market participants have since raised a number of concerns, 14 Feb 2020 12:30:00 GMTCrédit Agricole/Santander asset servicing joint venture analysedThe JV is intended as a challenge to competitors in the concentrated asset servicing industry, 14 Feb 2020 10:00:00 GMTBrexit-driven governing law threats fail to materialiseSave for the odd outlier, English law continues to dominate loan markets. Here, Swiss pharma company Roche explains its rationale for switching, 11 Feb 2020 10:00:00 GMTPRIMER: SchuldscheinIFLR spoke to bankers and lawyers about the regulation-light German bond/loan hybrid that’s becoming increasingly popular across Europe, 31 Jan 2020 11:30:00 GMTEXCLUSIVE: Interview with EU bank regulation head Nathalie BergerOne of Brussels' most influential finance regulators talks sustainable finance, insolvency regimes, the capital market union and much more, 28 Jan 2020 10:15:00 GMTLack of conventional bank buy-in restricts UAE fintechWhile regulators in Abu Dhabi have launched a successful sandbox, fintech sources tell IFLR of their frustrations at the lack of engagement from banks, 28 Jan 2020 09:30:00 GMTIFLR Asia-Pacific awards 2020: shortlist revealedAll the nominated deals, teams and firms can now be revealed. Get in touch to book your place for the March 12 event in Singapore, 21 Jan 2020 00:00:00 GMTESG: the financial costs of climate changeThe financial sector has a huge part to play in the fight against climate change, or it too will face the perilous material risks it poses, 10 Jan 2020 11:00:00 GMTEuromoney Legal Media Group Asia Women in Business Law awards 2019: winners announcedAll the outstanding individuals, teams and firms can now be revealed, 18 Dec 2019 00:30:00 GMTUK election brings certainty but concerns remainPolitical turmoil has been alleviated following victory for Boris Johnson’s Conservative Party, 13 Dec 2019 15:00:00 GMTPRIMER: China’s cryptography lawA closer look at the country's new law targeting blockchain development, how it relates to the country’s national digital currency, and the impact on the fintech community, 05 Dec 2019 09:00:00 GMTFormer Swiss ambassador: freedom of movement a post-Brexit make or breakAlexis Lautenberg, former Swiss ambassador to the EU, has firsthand experience negotiating with the trading bloc. IFLR spoke to him about the direction of travel for the EU and the UK, 04 Dec 2019 09:00:00 GMTEx-regulatory chiefs welcome recent Volcker rule changesA number of officials discussed changes to the proprietary trading aspects of the much debated rule at an event in Washington DC in November, 20 Nov 2019 15:15:00 GMTDombrovskis: More progress on banking union neededThe European Commission’s financial services chief stressed the need for compromise as finance ministers met last Thursday, 13 Nov 2019 12:00:00 GMTPRIMER: IBOR fallbacksA closer look at fallback reference rates in standard documentation for Libor contracts following its permanent cessation in 2021, 08 Nov 2019 10:00:00 GMTInaugural Euromoney Legal Media Group Europe Rising Stars Awards: winners announcedIFLR is delighted to announce all the winning in-house and private practice individuals from this month's event, 08 Nov 2019 09:30:00 GMTLife in the SEC's enforcement divisionAlma Angotti spent more than 10 years at the Securities and Exchange Commission. Here she reveals what regulators are really thinking, 04 Nov 2019 10:30:00 GMTLack of regulatory clarity in hemp and marijuana industry still hindering bankabilityAlthough slight progress is being made, the US banking industry is keen for quick resolutions to the issues preventing the growing sector from being fully bankable, 01 Nov 2019 14:00:00 GMTPRIMER: PSD2IFLR explains one of the EU’s most important regulatory changes in recent years, and how it has revolutionised payment services in member states and beyond, 01 Nov 2019 11:00:00 GMTThe rise of token technology explainedLawyers in London, Frankfurt and Silicon Valley share their experiences of the tokenisation of assets and explain where they see the market going, 31 Oct 2019 15:30:00 GMTIFLR 2020 awards: call for nominationsIFLR is delighted to announce the launch of the research for the 2020 Asia-Pacific, Europe and Americas awards, 29 Oct 2019 12:00:00 GMTSupport grows for Greece’s NPL plan"Get up, move fast," says Greece's finance minister, as the troubled state launches its new asset protection scheme, 28 Oct 2019 17:00:00 GMTEuropean banks: the US is critical to global successExecutives from Barclays and Santander discuss how recent changes to the US banking system ensure a level playing field for European banks looking to infiltrate this side of the pond, 25 Oct 2019 10:30:00 GMTIFLR Middle East Awards 2019: winners revealedAllen & Overy took home the most coveted award but there were plenty of other winners throughout the night. IFLR is pleased to reveal 2019’s best deals, teams, firms and individuals in the region, 17 Oct 2019 03:00:00 GMTAshley Alder: Regulatory fragmentation still a major concernSpeakers at Asia Securities Industry & Financial Markets Association’s annual conference in Tokyo highlighted the work that needs to be done to level the global playing field, 11 Oct 2019 10:00:00 GMTBurdensome regulation makes for burgeoning regtechThe regtech industry is growing, but is it living up to its potential?, 11 Oct 2019 08:00:00 GMTHigh hopes for EU sustainable finance taxonomyJapanese asset managers speaking at an ICMA event in Tokyo are however sceptical of the rule-based nature of the taxonomy, which is expected to come into force between 2020 and 2022, 10 Oct 2019 11:00:00 GMTMoney laundering scandals create opportunities for fintechLocal sources in Australia say recent cases – particularly that involving Commonwealth Bank's insurance arm – have damaged trust in the country’s incumbents, 08 Oct 2019 10:00:00 GMTEuromoney Legal Media Group Asia Women in Business Law Awards 2019: shortlist announcedThe shortlist for the awards has been announced. Reserve your place now, 27 Sep 2019 14:00:00 GMTBanking sector rallies for climate changeFollowing the success of the UN Principles for Responsible Investing, banking gets its own version, 24 Sep 2019 06:00:00 GMTIslamic capital markets: An ever-expanding frontierAl Tamimi’s head of debt capital markets provides a rundown of typical Islamic financial products, from project sukuk to securitisation, 23 Sep 2019 13:30:00 GMTMonzo head of legal: don't call us a challenger bankLondon-based legal vice-president James Sullivan explains the fintech company's regulatory challenges, relationships with the incumbents, and plans for the future, 23 Sep 2019 09:00:00 GMTEuromoney Legal Media Group Americas Rising Star Awards: 2019 winners announcedAll the winning deals, cases, firms, teams and individuals were announced at the ceremony in New York last night, 13 Sep 2019 10:00:00 GMTCentral banks struggle with cybersecurity tooThe gatekeepers of the global economy are coming up against many of, if not more than, the challenges that cybersecurity poses to the private sector, 10 Sep 2019 09:00:00 GMTFintech regulation: where do we stand?Latham & Watkins lawyers take a deep dive into US trends to unpick the patchwork efforts to regulate tokens, blockchains and cryptocurrencies and the businesses that deal in them, 02 Sep 2019 06:00:00 GMTMeet the IFLR & IFLR1000 teams at IBA SeoulWe'll be at the International Bar Association's annual conference this year. Come and say hello at booths 40-41, 30 Aug 2019 12:00:00 GMTSurprise Volcker reform package 'not that surprising'The new look rule is a win for the US banking community, but sources note the fact that the agencies involved chose not to seek comment and ignored covered funds entirely, 23 Aug 2019 04:15:00 GMTIFLR Middle East awards 2019: shortlist announcedCheck out the shortlist for the annual IFLR Middle East Awards at the Burj Al Arab in Dubai on Wednesday October 16. Get in touch now to book your table, 15 Aug 2019 12:00:00 GMTCov-lite leaves borrowers happy and lenders gloomyRecent industry reports reveal a landscape that has been overhauled by cov-lite loans, potentially leaving lenders in the dark, 09 Aug 2019 10:00:00 GMTIFLR’s most read stories: July 2019What you need to know from last month: who made the cut in our landmark influencer feature, private equity, sustainable finance, GDPR and much more, 06 Aug 2019 14:00:00 GMTEuromoney Legal Media Group Americas Rising Star Awards: shortlist announcedTake a look at the shortlist for the second annual Americas Rising Stars Awards at The Pierre in New York on Thursday, September 12, 05 Aug 2019 11:30:00 GMTFirst sustainable loan in LatAm shows region's commitment to ESGThe $1.1 billion revolving credit agreement for Fibra Uno is the region's first to use the sustainability-linked loan principles recently released by LTSA, LMA and APLMA, 02 Aug 2019 06:30:00 GMTLack of formal bank resolution framework a concern for ChinaThis year's takeover of Baoshang Bank by the Chinese government has raised uncertainty about how banks with credit risks should be managed, 30 Jul 2019 01:15:00 GMTCommunity banks welcome Volcker relief, but won't go unsupervisedThanks to the Economic Growth, Regulatory Relief and Consumer Protection Act, banks under a certain threshold have been exempted from Volcker compliance headaches, 29 Jul 2019 14:45:00 GMTFintechs weigh benefits of banking licence versus M&AAs many of these companies come of age, some are considering seeking formal regulatory authorisation. Others are looking to acquire the competition, 26 Jul 2019 09:00:00 GMTSustainable finance in Africa is driven by demandThe continent’s banks are gearing up for a focus on climate change but this is being led by investors and the public. High level support is needed, Standard Chartered’s head of legal for global banking tells IFLR, 25 Jul 2019 10:00:00 GMTARRC adjustable-rate mortgages white paper further boosts IBOR transitionPaper suggests using SOFR to compile adjustable-rate mortgage product for consumers as the industry looks to distance itself from expiring IBORs, 11 Jul 2019 21:00:00 GMTCFPB likened to predator-protection agency under Kraninger's watchThe bureau's new director has continued Mick Mulvaney's approach and eliminated rules more likely to harm consumers than corporates at the agency, suggest critics, 11 Jul 2019 15:45:00 GMTIFLR’s most read stories: June 2019What your competitors read last month: explainers on the EU BMR and China’s new FDI law, sustainable finance, life after Libor, Saudi Aramco’s bond and much more, 09 Jul 2019 11:00:00 GMTSpotlight on culture, conduct and ethics: how to get it rightLinklaters lawyers explain how financial services firms should address the range of behavioural remedies to have emerged from regulators in recent years, 08 Jul 2019 12:30:00 GMTOpinion: Why cryptocurrencies should be universally adoptedBC Group general counsel Johnny Cheung explains why he wants to see blockchain technology go mainstream, 08 Jul 2019 12:30:00 GMTTax structure memos: a guideWhite & Case lawyers explain everything you need to know about reviewing a tax structure memo in a leveraged acquisition - for both sponsors and lenders, 08 Jul 2019 12:30:00 GMTBanks cautiously optimistic about EU’s sustainability frameworkFour in-house sustainability heads explain how the global shift towards ESG is transforming their businesses, 02 Jul 2019 12:00:00 GMTLack of secondary market liquidity and regulatory certainty are key barriers to security tokensInstitutional investors are eyeing opportunities in security tokens, but more robust regulation and flows in secondary markets are essential, 02 Jul 2019 10:45:00 GMTPuerto Rico bankruptcy deal faces stumbling blocksThe restructuring deal has been agreed but must be confirmed before the island can begin to rebuild its economy, as PROMESA's deputy general counsel tells IFLR, 02 Jul 2019 10:15:00 GMTGCC’s first green sukuk signals a changing tideMajid Al Futtaim’s $600 million paper sets the bar for future issuers and capitalises on a global trend towards sustainable investing, 27 Jun 2019 13:30:00 GMTWomen in Business Law forum 2019: key takeawaysIn case you missed it, here are all the highlights from our annual forum in London earlier this month, 19 Jun 2019 12:15:00 GMTEuromoney LMG Europe Women in Business Law Awards 2019: winners announcedIFLR is pleased to announce all the winning individuals and firms from this year's ceremony in London, 14 Jun 2019 00:00:00 GMTSustainable finance looks set to dominate the marketIndustry sources warn that financial services firms need to adapt their investment strategies quickly or risk becoming the outliers, 12 Jun 2019 10:00:00 GMTBanks and regulators are more wary of AML than everNew research reveals that 2019 has already been an historic year for anti-money laundering fines, with the UK handing out the toughest penalties in Europe, 11 Jun 2019 09:00:00 GMTEuromoney LMG Americas Women in Business Law Awards 2019: winners announcedLegal Media Group is pleased to announce all the winning individuals and firms from the ceremony at Essex House in New York last week, 07 Jun 2019 05:00:00 GMTHarmonisation is key to European crypto regulationBank and fintech sources say attempts at country level - such as in France - are encouraging, but that an EU-wide approach would be more helpful, 04 Jun 2019 09:45:00 GMTIFLR’s most read stories: May 2019Most popular this month: GDPR and PSD2 a year in, blockchain bond analysed, Uber IPO implications and more, 03 Jun 2019 10:00:00 GMTROUNDTABLE: What does life after Libor look like?Senior legal, syndicate and treasury directors at the EBRD, ICMA, NatWest and RBC talk frankly on the industry’s transition to risk-free rates, 30 May 2019 13:00:00 GMTFintech Europe 2019: key takeawaysIn case you missed the event in London, here are all the highlights: PSD2, artificial intelligence, intellectual property, blockchain and much more, 24 May 2019 11:00:00 GMTNordic banks sceptical of Swedish e-kronaThe central bank’s proposal for a digital currency has received mixed reviews, with some arguing it’s just not necessary, 21 May 2019 12:00:00 GMTRegulators' approach to cryptoassets needs to evolveInternational standards that provide clarity on risk management systems are needed, 21 May 2019 00:00:00 GMTIFLR Americas awards 2019: winners announcedThe editorial team is delighted to announce all the winning deals, teams, firms and individuals from last week's ceremony in New York, 17 May 2019 06:00:00 GMTNigeria is cautiously optimistic about new fintech regulationLawyers say a formal framework, if done right, could encourage innovation and growth in the burgeoning sector, 14 May 2019 16:00:00 GMTTraditional banks warm to PSD2The new EU framework hopes to overhaul European retail banking norms. Sources say banks must embrace the change or be left behind, 07 May 2019 13:15:00 GMTIFLR FinTech Europe 2019: meet the speakersHeads of legal, IP and innovation at some of Europe’s biggest banks talk trends, challenges and what’s keeping them busy ahead of the London event on May 23, 07 May 2019 12:00:00 GMTIFLR’s most-read stories of April 2019Most popular this month: cannabis banking, CAT and Chapter 11 primers, Mifid II in the US and more, 03 May 2019 13:15:00 GMTAsian data localisation rules stop banks from innovatingThe protectionist approach taken in China, India and elsewhere is undermining banks’ ability to make the most of new technologies like AI and distributed ledger, 30 Apr 2019 07:45:00 GMTInterview with Sam Ramer, ex-senior associate counsel to the PresidentFollowing his move to Norton Rose, Ramer sat down with IFLR to discuss the switch and his time at the White House, 23 Apr 2019 16:30:00 GMTSURVEY: Opening the gate of ChinaAfter decades of domestic growth, the PRC is gradually letting the international community in. Here lawyers and country heads at some of the world's biggest banks and asset managers explain what others need to know, 23 Apr 2019 10:30:00 GMTFRTB implementation is out of sync across AsiaDiscrepancies between local regulators makes it significantly more difficult for international banks, but in many areas local rules are necessary to cater to local needs, 23 Apr 2019 01:00:00 GMTWEBINAR: Transatlantic derivatives & the current state of playJoin IFLR and Morrison & Foerster on May 14 to talk Emir, Benchmarks Regulation, initial margin and more, 18 Apr 2019 16:15:00 GMTSynthesised token offers new exposure route for S&P500Although in its infancy, the derivative-based asset will allow access to investors who would otherwise be unable to access the US stock market index, but it also raises regulatory concerns, 17 Apr 2019 19:45:00 GMTIFLR Americas Awards 2019: shortlist revealedAll the nominated deals, teams, firms and individuals have now been announced. Get in touch to book your table at the May 16 dinner in New York, 17 Apr 2019 09:00:00 GMTFed's regulatory alignment is logical but complicatedIts proposed rule changes look to tailor regulations for non-US banks and bring them in line with those imposed on their domestic counterparts, 12 Apr 2019 09:30:00 GMTEuromoney LMG Americas Women in Business Law Awards 2019: shortlist announcedAll the nominated lawyers, teams and firms can now be revealed. Get in touch now to book your table at the June 6 ceremony, 12 Apr 2019 09:00:00 GMTFintech: banks still struggle with culture and legacy systemsDistributed ledger technology and AI offer the biggest opportunities for traditional financial institutions, according to in-house sources at banks and asset managers, 08 Apr 2019 10:15:00 GMTIFLR Europe Awards 2019: winners announcedAll the winning deals, teams, individuals and firms were revealed at IFLR’s ceremony in London on April 4, 05 Apr 2019 08:00:00 GMTBanks still scared of cannabis businessesBills heading for Congress could make the budding North American sector bankable for the first time, but it might not be enough to get the biggest lenders comfortable with the risks, 03 Apr 2019 19:45:00 GMTIFLR's most-read stories of March 2019The most popular articles of last month include primers on margin reform and cryptocurrencies, Q&As with leading lawyers and ASEAN's green bond first, 01 Apr 2019 13:30:00 GMTOFAC designation of Russian bank a warning to Maduro’s supportersThe agency's decision to prohibit Moscow-based Evrofinance using the Venezuela sanctions act is a stark reminder to similar institutions, 25 Mar 2019 17:45:00 GMTIndonesian crypto firms struggle with new capital requirementsForeign investors are eyeing the market up, but the industry’s growth could be hampered by the new requirements, which crypto platforms and lawyers say are unduly high, 20 Mar 2019 01:00:00 GMTWEBINAR: Libor transition for derivativesListen to a live recording of IFLR's latest webinar, in collaboration with Hogan Lovells, featuring an overview of market consultations and the impact on documentation so far, 19 Mar 2019 07:00:00 GMTBanks’ solution to challengers could be ineffectiveConventional banks must innovate to deal with the growing fintech threat – but the minority investment model favoured by many may not be the best course of action, 11 Mar 2019 14:30:00 GMTInterview: Katherine Tew Darras, Isda general counselTew Darras speaks to the IFLR Women in Business Law group on her work at the International Swaps and Derivatives Association including Brexit, Libor reform, the famous rigging case, and much more, 08 Mar 2019 10:15:00 GMTIFLR Asia-Pacific awards 2019: winners revealedWe are pleased to announce all the winning deals, teams, firms and individuals following the ceremony in Hong Kong on March 6-7, 08 Mar 2019 03:00:00 GMTGDPR: Asian banks streamline operations to ease complianceA range of standards on data privacy are difficult to reconcile with the EU's extraterritorial framework. Firms are particularly struggling with the breach notification concept, 05 Mar 2019 02:00:00 GMTIFLR’s most-read stories of February 2019Venezuela’s political crisis, Gibbs rule and Japan’s proposed risk retention rule for securitisation were just some of the highlights of our February coverage, 01 Mar 2019 14:00:00 GMTPRIMER: regulating cryptocurrency exchangesExchanges have been blighted with negative publicity recently, but improvements have been made in recent years. Here crypto firms and lawyers explain the back story, 28 Feb 2019 15:45:00 GMTBeginning of the end for crypto?Cryptocurrencies, plagued by money laundering and various other reputation issues, have had a bumpy year and are now at a crossroads. It's not clear what happens next, 26 Feb 2019 10:00:00 GMTEuropean Commission: time to bolster supervisory authoritiesLawmakers hope to boost EU-wide authorities in the wake of Brexit, but plans could be counter-productive in the short and long-term, 20 Feb 2019 14:45:00 GMTSURVEY: Opening up the Chinese financial sectorIFLR wants to hear your views on the challenges and opportunities for foreign financial institutions looking to access China, 11 Feb 2019 07:30:00 GMTIFLR Europe Awards 2019: shortlist revealedThe team is pleased to announce all the nominated deals, teams, firms and individuals. Get in touch now to reserve your place at the ceremony in London in April, 07 Feb 2019 17:15:00 GMTTrump’s regulatory relaxation boosts bank consolidationThreshold changes to the Dodd-Frank Act are already beginning to affect bank M&A, recent deal activity suggests, 05 Feb 2019 17:00:00 GMT[CLOSED] QUICK POLL: Venezuela's sovereign debtIn this month's quick poll, IFLR is wondering whether creditors should reduce or defer the country's liabilities to aid its economic recovery. Have your say now[CLOSED]-QUICK-POLL-Venezuelas-sovereign-debt.htmlTue, 05 Feb 2019 11:15:00 GMTM&A will drive leveraged lending growthDespite a 33% drop in issuance last year and a multitude of global threats, the market is expected to perform well in 2019, according to lawyers and private equity sources, 04 Feb 2019 10:00:00 GMTBasel standardisation approach needs refiningEuropean industry associations and lawyers say the changes are too conservative and could give US banks a boost, 01 Feb 2019 11:00:00 GMTBanks: Fed balance sheet normalisation is not causing equity runoffA number of bank sources tell IFLR that claims about the Federal Reserve’s balance sheet normalisation programme are just market pressure, 01 Feb 2019 10:30:00 GMTEuropean In-house Counsel Summit: key takeawaysAll the highlights from last week's event, including discussions on debt and equity, M&A, antitrust and data protection, 28 Jan 2019 09:00:00 GMTWhy Basel’s new capital proposals are bad for banksConcerns about bank capital rule changes may risk another Banca Carige, according to local regulators and in-house sources at European banks, 15 Jan 2019 12:45:00 GMTIn the news this weekUS government shutdown chaos, Chinese local debt issuances and Italian banking woes, 11 Jan 2019 10:45:00 GMTIn the news this weekNew Year, new resolutions across global financial markets: Denmark cracks down on regulatory capture, the US battles its ongoing government shutdown and China tries to learn from its mistakes, 04 Jan 2019 09:45:00 GMTPRIMER: US and EU sanctions against RussiaThe two powers are diverging on their approaches to Russia for the first time, 17 Dec 2018 16:30:00 GMTEU plans to challenge dollar dominance ‘politically unrealistic’Plans to promote the euro as a reserve currency are set to fail unless measures like eurobonds are introduced, 14 Dec 2018 14:45:00 GMTIn the news this weekThe EU deals with the end of QE and the ongoing Brexit negotiations, while India sees tensions between its central bank and finance ministry. The US names a new head of the derivatives regulator, against a backdrop of growing tensions with China., 14 Dec 2018 10:00:00 GMTPRIMER: Sonia – what next? (part 2)The second part of IFLR's Sonia primer looks at how a new forward-looking rate could work, 07 Dec 2018 14:00:00 GMTIn the news this weekThe US-China trade war calms down temporarily, but the Fed lists tariffs as a key component of its beige book. In the EU, efforts are underway to turn the euro into a global reserve currency, 07 Dec 2018 09:15:00 GMTCoinbase CEO: crypto-specific regulation is necessaryThe UK Cryptoassets Task Force is stepping up efforts to extend existing regulation, which could be missing the point entirely, 30 Nov 2018 10:00:00 GMTIn the news this weekWill US President Trump's finreg rollback materialise before January? How will the EU's move to tighten scrutiny of Chinese investments affect the PRC? And finally, is sector-specific regulation the answer for the EU cryptocurrency sector?, 30 Nov 2018 09:00:00 GMTIFRS 9 could be solution to EU’s NPL problemThe new regulation could be the long-awaited answer to a long-standing problem, 27 Nov 2018 11:00:00 GMTBorrowers manipulating Ebitda to avoid covenant breachesOn some deals, add-backs have caused Ebitda to be 100% higher than originally stated, 23 Nov 2018 15:00:00 GMTIn the news this weekQuarles suggests easing margin standards, Shenzhen and Shanghai stock exchanges new listing rules and Gibraltar becomes new obstacle to Brexit deal, 23 Nov 2018 09:15:00 GMTFed supervision changes: winners and losersLeaders at the central banking system have suggested a number of changes to stress testing and prudential standards in the US system; some banks come out of it better than others, 21 Nov 2018 17:00:00 GMTPRIMER: a comparison of EU and US bank resolution regimesBank failures have happened on both sides of the Atlantic - with different rules and outcomes, 20 Nov 2018 11:30:00 GMTIn-house counsel: start Libor transition sooner rather than laterA number of leading in-house practitioners discuss how they are managing and implementing the transition away from Libor in the run up to the 2021 deadline, 19 Nov 2018 16:45:00 GMTIn the news this weekApple's stock price takes a hit, China slowdown nearing, and Brexit chaos shows no sign of stopping, 16 Nov 2018 10:00:00 GMTPRIMER: Islamic finance & sukuk explainedIFLR kicks off 2018 with a primer on Islamic finance, analysing differences with conventional funding mechanisms, 15 Nov 2018 09:30:00 GMTFASB decision important step for Sofr uptakeThe private accounting organisation’s decision to add the rate to its approved list of benchmarks is an important step in its eventual uptake, 14 Nov 2018 20:15:00 GMTRegulators need to make fintech rules coherentContradictory regulations and a lack of understanding of how reported data is used is frustrating the fintech industry, 13 Nov 2018 17:15:00 GMTBanks must automate NMRF capitalisation under FRTBSources at ICE and DTCC suggest it is imperative to prepare for the non-modellable risk factor aspects of the pending rule before it is implemented in 2022, 13 Nov 2018 10:15:00 GMTIn the news this weekUS midterm elections are a go, China trials a programme on a registration-based IPO system for tech companies, and the UK contemplates the consequences of a no deal Brexit, 09 Nov 2018 09:30:00 GMTEuromoney Asia Women in Business Law Awards 2018: winners announcedAll the winning lawyers and teams at Euromoney's eighth Women in Business Law Awards, 08 Nov 2018 15:00:00 GMTHK tests new opt-in approach for crypto exchangesIndustry participants see the move as a positive step in enhancing the credibility of the sector, 08 Nov 2018 11:15:00 GMTBusiness as usual at CFPB despite Mulvaney threatsThe bureau continues along a similar path despite the acting director's strong attestations to reduced rulemaking and enforcement since taking the position, 06 Nov 2018 15:30:00 GMTHow to address the failure of EU bank resolution rulesThe current framework is only three years old and has only been tested on a handful of occasions, so questions remain as to its efficiency, 06 Nov 2018 12:30:00 GMTUK tries to resolve ambiguity of treatment for TLAC tax rulesThe UK could resolve the ambiguity of treatment which surrounds the new rules. But uncertainty remains when it comes to deadlines and tax status, 05 Nov 2018 10:45:00 GMTEU crypto proposals could drive exchanges out of businessEsma’s plans could lead to cryptocurrencies being traded on MTFs but could also be a boost to UK fintech, 02 Nov 2018 10:00:00 GMTIn the news this weekThe US-EU clearing controversy rolls on; China, HK and Japan turn their attention to crypto, and; the Seychelles raises the world's first blue bond, 02 Nov 2018 10:00:00 GMTWhat banks need for the digital transformationLeadership and strategic insight are two of the most important facets that banking institutions must get right if they are to succeed in the latest digital overhaul, 02 Nov 2018 09:45:00 GMTHow to attract more private infrastructure financingMultilateral development banks have a key role to play to attract private sector financing, 01 Nov 2018 11:15:00 GMTPRIMER: Sonia (the Sterling overnight index average) – part 1The first part of this primer takes a look at the benchmark that is being touted as the one the market will use post-Libor in the UK, 29 Oct 2018 12:30:00 GMTBelt & Road: commercial banks need financing flexibilityInfrastructure loan-backed securities can be a win-win for all parties involved, 26 Oct 2018 10:00:00 GMTIn the news this weekInstability reigns across global markets this week, as the Italian budget situation reaches worrying levels, US exchanges hit back at the SEC, and growth in China slows down, 26 Oct 2018 10:00:00 GMTPrudential de-designation ushers in new era for SifisThe end of non-bank designated Sifis does not necessarily mean that the concept will be short lived for banking institutions, 26 Oct 2018 09:15:00 GMTVolcker comments shows industry doesn't want ‘accountancy prong’Comments published by a wide array of industry agencies show that there is significant clamour to change the 2010 rule, but that the latest proposals are not perfect, 22 Oct 2018 17:00:00 GMTIn the news this weekBoth China and the US get to work on Sifis while the EU works to apply stress testing to funds, 19 Oct 2018 07:45:00 GMTRepeat of Danske Bank AML issues ‘almost certain’ without EU changesMore guidance and greater focus on cross-border enforcement are necessary to address this increasing problem, 19 Oct 2018 07:15:00 GMTIFLR Middle East Awards 2018: winners revealedAll the winning teams, deals and individuals from the October 17 awards, which took place at the Burj Al Arab in Dubai, 18 Oct 2018 09:45:00 GMTCommunity Reinvestment Act: rework or revamp?With the deadline for public comment approaching, whether the CRA needs to be fully overhauled or simply reworked remains to be seen, 17 Oct 2018 16:45:00 GMTPRIMER: operational risk – prudential regulation perspectiveRegulation and risk management expert Bozena Gulija examines how interest and resources have increased when it comes to this category of risk, 16 Oct 2018 12:15:00 GMTEBA: EU banks’ balance sheets could get a boost from STS rulesRules coming into force in 2019 could allow for capital relief transactions to benefit from lower STS capital requirements, 09 Oct 2018 08:30:00 GMTIn the news this weekIn the Americas, Nafta and swaps regulation get a makeover, India consults on market abuse prevention, and the EU focuses on banks' data quality and balance sheets., 05 Oct 2018 10:00:00 GMTEU loan market needs to react to increasing data quality demandsThe Commission tells IFLR that financial identifiers have a key role to play, 05 Oct 2018 09:00:00 GMTIn the news this weekIn the US, Comcast will finally buy the UK's Sky, while in India, three public sector banks will merge to create the country's third largest lender. In Europe,the ongoing trade war with the US is making investors more selective, 28 Sep 2018 10:15:00 GMTEuromoney Legal Media Group Americas Rising Star Awards: winners announcedAll the winning individuals and firms of Euromoney's first Americas Rising Stars awards, 28 Sep 2018 09:00:00 GMTHMKA: regtech is one answer to increase in regulationDelegates at the Hong Kong Institute of Bankers' Annual Banking Conference discussed why it's important to streamline the interface between banks and regulators, 27 Sep 2018 13:30:00 GMTIn-house counsel: following the assets is key in mainland China disputesPanellists at Asialaw Asia-Pacific Dispute Resolution Summit share practical tips, including forum selection and judgment enforcement, for disputes in the PRC, 24 Sep 2018 15:15:00 GMTEuromoney Legal Media Group Asia Women in Business Law Awards 2018: shortlist announcedAll the nominated lawyers, teams and firms for the awards, which will take place on November 8, 21 Sep 2018 14:30:00 GMTIn the news this weekIt's been a week of broken records: Nafta discussions drag on and the Brexit to-and-fro continues. In Asia, credit agencies are under investigation, 21 Sep 2018 10:00:00 GMTLessons learned from the financial crisisIFLR's John Crabb speaks to Linklaters' counsel Jacques Schillaci on the effectiveness of post-crisis regulation, 19 Sep 2018 10:00:00 GMTIn the news this weekEverything that happened in the week that marked the 10th anniversary of the collapse of Lehman Brothers, 14 Sep 2018 10:00:00 GMTDEAL: world’s first sukuk ESG equity fundA key jurisdiction for Islamic finance, Malaysia is creating a new investment product, 11 Sep 2018 13:45:00 GMTMifid II encouraging AI boom in fixed incomeRegulators need to ensure that regulation is incentive-based to avoid discouraging innovation, 07 Sep 2018 16:45:00 GMTIn the news this weekNafta talks resume, Hong Kong Exchanges and Clearing launch new investor ID model, Brexit Chequers deal looks dead and Brazilian election chaos, 07 Sep 2018 08:45:00 GMTAsset manager: sponsors need to do better job to prove bitcoin ETF viabilitySelf-custody and weak benchmarks aren’t good enough indicators of quality for the SEC, 06 Sep 2018 09:00:00 GMTMREL rules could derail progress of challenger banksUK Finance says smaller banks could be forced to hold the same level of capital as HSBC or Barclays, 03 Sep 2018 08:45:00 GMTUS, UK cryptocurrency laws deterring blockchain companiesA blockchain company tells IFLR about the challenges that exist in the US, while the UK still lags behind when it comes to regulation, 31 Aug 2018 14:00:00 GMTIn the news this weekNafta gets boost but the consolidated audit trail doesn't, while restrictions on foreign ownership of Chinese banks are lifted. In the EU, the eurozone is still in turmoil, 31 Aug 2018 09:30:00 GMTDEAL: world’s first global blockchain bond (bond-i)The World Bank's bond used smart contracts to automate the traditional bond issuance process, 30 Aug 2018 10:00:00 GMTIFLR Middle East Awards 2018: shortlist now liveAll the shortlisted deals, teams and individuals for IFLR's 2018 Middle East Awards, 29 Aug 2018 09:00:00 GMTIRS intensifies enforcement efforts against cryptocurrenciesBut while the regulator is taking action, investors who want to comply need more guidance, 28 Aug 2018 09:00:00 GMTIn the news this weekCredit Suisse moves ahead in Libor replacement race, China increases financing options for SMEs, Trump wants review on company accounts and clarity needed for capital reporting requirements, 24 Aug 2018 08:45:00 GMTEBA: CRR2 may clarify reporting rulesWith more challenges from banks increasingly possible following the decision to annul the ECB's demands, clarification is needed, 23 Aug 2018 16:00:00 GMTCECL standard must remain capital neutralThe FASB’s regulation could have a large impact on bank capital once implemented, 21 Aug 2018 17:30:00 GMTPhilippines’ SEC assumes ICOs are securitiesThe draft regulations require issuers to undergo a rigorous assessment process, 20 Aug 2018 14:15:00 GMTIn the news this weekChina ramps up initiatives over national infrastructure debt, Trump turns up the heat on foreign investment and on Turkey, and the EU CLO market could be heading for a downturn, 17 Aug 2018 10:00:00 GMTBrexit novations raise questions over Emir, lifecycle eventsAs banks plough on with repapering, it's now emerged that novation may invalidate Emir grandfathering for millions of derivative contracts, 10 Aug 2018 10:00:00 GMTIn the news this weekTax boosts give US companies a lift, China aims to ease restrictions on foreign investors in its A-share market and the UK FCA delves deeper into fintech, 10 Aug 2018 09:00:00 GMTIndustry voices concerns over OCC’s new fintech charterThe chief banking regulator will soon receive applications for national bank charters from fintechs but how many will take the option is uncertain, 06 Aug 2018 10:45:00 GMTEuromoney Legal Media Group Americas Rising Stars Awards – inaugural shortlist announcedThe awards celebrate rising star attorneys across a number of practice areas, 03 Aug 2018 15:00:00 GMTInitial coin offerings: SEC stance discouraging issuancesIssuers want to include both institutional investors and retail investors but this is proving to be difficult, 03 Aug 2018 13:45:00 GMTIn the news this weekUS fintechs get a special banking charter, Asian regulators continue with their efforts to liberalise markets, and the EU sees uncertainty in merger control and derivative pricing, 03 Aug 2018 09:45:00 GMTAfme: ECB, Commission convergence needed for NPL progressThe trend towards decreasing bad debt in Europe could be over. Change has to happen soon, 27 Jul 2018 13:15:00 GMTTLAC: disclosure won’t fix senior non-preferred pricingA lack of investor education may be to blame, but analysts on both buy and sellside argue that the unpredictability of bail-in regimes is a far bigger concern, 27 Jul 2018 10:00:00 GMTIn the news this weekEurope and the US continue their battles: the first against bad loans and weak banks, the second to win the tariff war. HK looks to promote information sharing in the banking sector, 27 Jul 2018 09:00:00 GMTNew rules could enhance credibility of Japan's crypto marketThe financial regulator is looking to regulate digital money offerings as securities, not unlike the US, 26 Jul 2018 14:30:00 GMTECB official: merger could be solution for Italy’s Banca CarigeEurope’s monetary authority is faced with another Italian bank in difficulty, putting focus back onto its crisis plan, 26 Jul 2018 12:15:00 GMTCleaning up: how green loans are evolvingGreen loans are gaining traction but some work still needs to be done for them to be clearly definable, 23 Jul 2018 11:00:00 GMTCrypto could increase banks’ capital requirementsThe Basel Committee has launched an investigation amid increased institutional interest, 20 Jul 2018 11:00:00 GMTIn the news this weekThe US sees a Jobs Act 3.0 on the horizon and battles tariff wars, while in Asia, weighted voting rights continue to be problematic. In Europe, the standard fee charging model for private equity firms is evolving, 20 Jul 2018 10:00:00 GMTCCAR results highlight Fed’s lack of transparencyRecent stress capital buffer proposals and the results of the stress testing process reveal a fundamental need for a rethink of the regulators methodology and transparency, 19 Jul 2018 16:30:00 GMTPRIMER: Hong Kong’s Virtual Banking GuidelineSimilar rules now apply to both online and bricks-and-mortar lenders, 17 Jul 2018 10:00:00 GMTSelf-regulation could help end crypto price manipulationWhile spoofing and wash trading are banned in traditional financial markets, the lack of clarity surrounding digital currencies is creating confusion, 16 Jul 2018 10:15:00 GMTIn the news this weekGDPR causes confusion in Asia, bitcoin continues its downward spiral, Mexico gains a new president, and the UK tries to clarify IPO rules, 06 Jul 2018 10:00:00 GMTLessons learned for ECB after Greek bailout endsGreece’s bailout ends in August but the eight-year long programme has been anything but flawless, 29 Jun 2018 15:30:00 GMTIn the news this weekSecurities and stress testing under review in the US, crypto takes off in Japan and the EU learns its lessons from the debt crisis, 29 Jun 2018 09:30:00 GMTIn the news this weekIndia follows HK and China in changing listing rules for some companies, the US continues its regulatory cleanup, and Russia takes centre stage in EU developments, 22 Jun 2018 10:00:00 GMTWindfall for community banks not all it seemsThe head of Horizon Community Bank in Arizona says recent regulatory developments have been kind to community banks, but more could be done, 22 Jun 2018 09:00:00 GMTChina’s new NPL rules will reduce risk of regulatory arbitrageThe crackdown on bad loans aims to prevent financial institutions from being too connected, 19 Jun 2018 11:00:00 GMTUK fintech future post-Brexit depends on FCA’s approachThe FCA has been successful in promoting the fintech sector, but more needs to be done after the UK’s exit, 19 Jun 2018 10:00:00 GMTPutin warns crypto should be treated with cautionThe President has rejected persistent rumours the country was set to issue its own cryptocurrency, 18 Jun 2018 09:00:00 GMTLMG Europe Women in Business Law Awards: 2018 winnersBaker McKenzie was named the best international firm for women in business law at LMG's June 14 event in London, 15 Jun 2018 10:30:00 GMTIn the news this weekCryptocurrencies create regulatory storm globally, China ramps up competition in the listing sphere and Brexit headaches for UK fintech, 15 Jun 2018 10:00:00 GMTEuromoney LMG Americas Women in Business Law Awards 2018: winners announcedO’Melveny & Myers retained its position as the best international firm for women in business law for the third year in a row, while Dentons took home the most innovative international firm award, 08 Jun 2018 14:00:00 GMTIn the news this weekThe rollback gathers steam in the US, Italy in turmoil and GDPR continue to dominate the EU, and the crypto saga continues in Asia, 08 Jun 2018 10:00:00 GMTJapan’s separate rules for crypto could be the answerCoinbase is finally entering the Japanese cryptocurrency market, but history suggests the move will be anything but easy, 07 Jun 2018 16:00:00 GMTVolcker proposals deemed a positive, reasonable stepThe Fed has introduced sweeping changes to the Volcker Rule that go further than expected but could rationalise a lot of the rules existing complexities, 05 Jun 2018 09:30:00 GMTBitcoin virtually absent from HK AML reportThe lack of attention paid to certain sectors that had been expected to be high risk has perplexed some market participants, 04 Jun 2018 10:00:00 GMTIn the news this weekMAS market consultations, Dodd-Frank Reforms and Italian political chaos, 01 Jun 2018 09:00:00 GMTReform bill may be catalyst for US banking consolidationLast week’s redefinition of the Sifi thresholds will allow small and mid-size banks an additional $200 billion of room to grow via mergers, 31 May 2018 15:30:00 GMTInfrastructure PPPs in the most challenging developing countries: Closing the gapDrawing from her experience as IFC’s chief counsel, global legal team leader, Patricia Sulser explores how to successfully select and structure public-private partnerships in some of the most challenging socio-economic environments, 31 May 2018 10:00:00 GMTTaming VolckerBankers’ counsel have spoken exclusively to IFLR about the Rule’s future and how it may need to be toned down, 29 May 2018 16:30:00 GMTIFLR & Morrison Foerster poll: key takeawaysIFLR speaks with Morrison & Foerster partner Susan Gault-Brown and of counsel James Schwartz on the poll results and what to expect next for the Volcker Rule, 29 May 2018 16:30:00 GMTNew Italian coalition government could destabilise NPL progressIts manifesto has already caused yields to go up and more lax ECB approach risks jeopardising eurozone stability, 29 May 2018 11:00:00 GMTPRIMER: the Volcker Rule - proprietary tradingA closer look at proprietary trading under the landmark Rule, and why its definition needs to be rethought, 25 May 2018 09:30:00 GMTEurope lags behind US in NPL salesHarmonisation of insolvency rules and a European bad bank would go a long way to reducing NPL levels, 25 May 2018 09:15:00 GMTIn the news this weekThe end of a regulatory era in the US, and the beginning of a new one in Thailand and Hong Kong. Europe continues grappling with bad loans, 25 May 2018 09:00:00 GMTIFLR Middle East Awards 2018: call for nominationsGet in touch now to submit your nomination for the IFLR Middle East awards, 24 May 2018 15:15:00 GMTIn the news this weekNew G-Sibs and cryptocurrency rules of the game, focus on AML, and a financial technology alliance in southeast Asia, 18 May 2018 08:45:00 GMTIFLR Americas Awards 2018: Davis Polk wins firm of the yearAnd all the night's winning teams, deals and individuals, 17 May 2018 09:00:00 GMTIn the news this weekAll change at the SEC, Hong Kong's corporate governance push and fiercer gun-jumping rules in the EU all featured in the news, 11 May 2018 10:30:00 GMTUS crypto regulation could be restricting blockchain developmentA regulatory decision on whether Ethereum is a security could well have a damaging impact, 09 May 2018 14:00:00 GMTBiometrics could be the answer to AMLFinancial institutions embracing facial recognition or fingerprint reading technology need to be aware of data privacy rules, 08 May 2018 14:15:00 GMTIn the news this weekThe US is a quiet place this week, Singapore proposes senior managers guidelines and GDPR news abounds, 04 May 2018 09:00:00 GMTIs it possible to comply with GDPR using blockchain?How damaging is the regulation to distributed ledger technology and how to reconcile the two, 02 May 2018 12:00:00 GMTBlockchain as AML tool: a work in progressUnless there is more global collaboration, a blockchain is only as strong as its weakest link, 02 May 2018 10:30:00 GMTThe future of the Volcker Rule: a poll by IFLR and Morrison & FoersterClick to access the poll. Responses are anonymous and confidential., 01 May 2018 11:30:00 GMTPRIMER: US cryptocurrency ICO regulationThe regulatory reasons as to why issuers are avoiding the US and what is coming next, 27 Apr 2018 16:00:00 GMTIn the news this weekMarket reform continues everywhere: swaps in the US, voting rights in Hong Kong and crypto in the EU, 27 Apr 2018 09:45:00 GMTInclusion of crypto in 5AMLD first step to sector regulationLondon Block Exchange chief executive says EU regulation is a positive for the sector, 26 Apr 2018 14:00:00 GMTBasel committee: we are focused on market risk frameworkA full 10 years after the financial crisis, the committee has yet to perfect this aspect of regulatory reform, 25 Apr 2018 20:15:00 GMTNPLs: fine-tuning of India's bankruptcy code still neededNPL securitisation and equity participation are two ways to tackle the bad debt problem, say observers, 24 Apr 2018 10:00:00 GMTIn the news this weekThis week features updates on locked box mechanisms, rising tensions between the US and China, and the latest on the fiduciary rule rollback, 20 Apr 2018 10:45:00 GMTIFLR Europe awards 2018: all the winners and winning teamsThe full details of the ceremony, which was held at the Savoy in London, on April 19, 20 Apr 2018 09:15:00 GMTPRIMER: green loans in AsiaIFLR's latest primer takes a look at green bonds loan counterpart, and what is still needed for them to take off in Asia, 18 Apr 2018 17:00:00 GMTIn the news this weekChina's focus on financial supervision reform, but not on cryptocurrencies; an expected sukuk boom and; US regulators fighting for jurisdiction all made the headlines this week, 13 Apr 2018 10:00:00 GMTUS regulators seek to recalibrate bank capital rules for G-SibsBoth the Fed and the OCC have suggested tailoring the approach to each firm's risk profile, 13 Apr 2018 09:30:00 GMTFRTB: meeting regulatory objectives not a priority for banksOther regulations including Mifid II have closer deadlines so require greater resource distribution, 11 Apr 2018 14:00:00 GMTEnd of sovereign issuances in Middle East could trigger sukuk boomVolatility and an uncertain geo-political backdrop could see investors shift to the Islamic finance market, 10 Apr 2018 14:00:00 GMTOfac's crypto blacklist could drive investors to riskier exchangesDigital currencies in the US will be included on the SDN list. This may backfire significantly, 06 Apr 2018 09:30:00 GMTIn the news this weekSpotify's much discussed NYSE listing, Asian equity markets opening up and GDPR dominating EU headlines were the most debated issues this week, 06 Apr 2018 09:00:00 GMTVietnamese NPLs: new right to seize secured assets is major improvementA lack of market players and enforcement coordination is hampering bad debt disposals, 04 Apr 2018 11:15:00 GMTCryptocurrency exchanges avoiding the US due to confusing regulationA lack of clarity and a stringent legal framework are deterring issuers, 26 Mar 2018 09:00:00 GMTEXCLUSIVE: OCC says banks can’t ‘dial up risk’ in corporate loans[OPEN ACCESS] The Treasury agency tells IFLR that lenders cannot ignore prudent risk management practices, 23 Mar 2018 21:45:00 GMTBrexit financial contract restructuring could take up to a yearFirms in the sector are expected to face yet another hurdle when repapering contracts, 23 Mar 2018 12:00:00 GMTIFLR Fintech Europe 2018 forum: key takeawaysCould DLT and cryptocurrencies change the world? Speakers at the March 22 event think it's possible, 23 Mar 2018 10:15:00 GMTIn the news this weekDevelopments this week include KYC and crypto, key takeaways from China’s Two Sessions forum, and the ongoing Volcker Rule/fiduciary rule sagas in the US, 23 Mar 2018 10:15:00 GMTPRIMER: shadow banking in ChinaThe PRC is trying to clean up lending practices, with some success, 22 Mar 2018 13:00:00 GMTIn the news this weekUncertainty is the theme this week as the Dodd-Frank rollback gathered steam, the status of cryptocurrencies was called into question and PRC buyers thought twice about US target takeovers, 16 Mar 2018 08:15:00 GMTConfusion reigns: are cryptocurrencies commodities or securities?The decision to classify digital money as commodities is pushing exchanges closer to convention, 14 Mar 2018 15:00:00 GMTSchuldschein's mysterious waysThis type of loan has attracted interest from investors and corporates outside Germany. But some changes made to its documentation framework could prove challenging, 13 Mar 2018 12:00:00 GMTIFLR Americas Awards 2018: shortlist revealedGood luck to all the nominated deals and teams, 12 Mar 2018 10:30:00 GMTRare but there: Swiss bail-in recognition provisionsIt’s advisable to include these clauses in LMA-style syndicated credit agreements even if not required under local legislation, 12 Mar 2018 09:00:00 GMTPRIMER: banks and cyber security (part 2)The second instalment of this primer focuses on what banks still need to be fully prepared for cyber attacks, 09 Mar 2018 09:45:00 GMTIn the news this weekIFLR reviews the past week's main regulatory developments, 09 Mar 2018 09:00:00 GMTFrance’s crypto derivatives rules could be EU templateOther jurisdictions will watch closely to see if the new framework for these types of derivatives will deter retail investors, 08 Mar 2018 13:00:00 GMTFed to reduce Volcker's regulatory burdenSpeaking to the IIB in DC, Quarles suggested improving the clarity and transparency of the Rule to the benefit of firms and supervisory agencies, 05 Mar 2018 22:30:00 GMTPrivate debt curing Brexit effect on UK loan marketDebt funds are said to be providing ‘incredible’ terms, forcing banks to follow, 02 Mar 2018 09:00:00 GMTOfac: Venezuela's crypto offering could be sanctions breachThe country's oil-backed petro is seen as an attempt to avoid the US payments system, 01 Mar 2018 10:00:00 GMTUS Treasury: future of liquidation authority is limitedThe agency's latest report suggests opting first for bankruptcy, then resorting to the OLA, 26 Feb 2018 10:00:00 GMTEU can look to US, Swiss approaches for crypto regulationThe region's regulators have provided little guidance and are yet to establish a legal framework, but other jurisdictions could provide direction, 22 Feb 2018 15:45:00 GMTPRIMER: the EU Banking UnionThe project’s supervision and resolution pillars are up and running, but progress is less clear when it comes to the deposit scheme, 22 Feb 2018 11:00:00 GMTIFLR Europe Awards 2018: shortlist revealedThe deals and teams in competition for IFLR's EU awards this year are now live, 16 Feb 2018 13:45:00 GMTPRIMER: ICO regulation in AsiaThis IFLR primer looks at a hot topic that is dividing regulators across the region, 13 Feb 2018 11:45:00 GMTNew look CFPB refocuses enforcement and supervision prioritiesThe consumer finance watchdog has made a number of radical changes since Mick Mulvaney was appointed in November, 12 Feb 2018 22:30:00 GMTRemoving Volcker for smaller banks will reduce compliance costsA proposed Senate bill would lead to a selective application of the rule, 08 Feb 2018 20:30:00 GMTFirst UK RMBS sukuk attracts institutional investor interestAl-Rayan Bank's sukuk has elements of both Islamic finance and conventional residential loan securitisation, 08 Feb 2018 16:00:00 GMTPRIMER: banks and cyber security (part 1)Given the changing nature of digital threats, complying with very broad legislation can prove a challenge, 08 Feb 2018 08:45:00 GMTShould the ECB abandon its bond buying programme?It’s expected to stop in September, but with low inflation and recent global stock market turmoil, is this the right time?, 06 Feb 2018 11:00:00 GMT2018: business as (un)usual – a look at European financial & regulatory developments into 2018What's in store for EU and UK financial services entities this year? Morrison & Foerster and IFLR take a look at some key developments to expect, 06 Feb 2018 10:00:00 GMTPRIMER: G-sibs and SifisA recent bill from the US Senate has proposed raising the threshold used to define a G-sib, 02 Feb 2018 08:30:00 GMTDEAL: first agricultural commodity blockchain transactionDistributed ledger technology helps cut costs, time and human error, 30 Jan 2018 08:00:00 GMTUS Sifis: asset-based approach under fireFormer OCC head Keith Noreika and Massachussetts' securities regulator William Galvin share their views on the proposed redefinition of a large bank, 29 Jan 2018 15:00:00 GMTPSD2 gives banks chance to evolveThe revised rules could trigger a huge shift in banks’ business models, 26 Jan 2018 10:00:00 GMTDEAL: Colombia’s first private project finance projectThe deal reopens the project finance industry after the Lava Jato scandal halted activity for more than a year, 23 Jan 2018 15:45:00 GMTEU audit agency casts shadow on ECB crisis management planThe independent auditing body has recommended that the bank improve guidance and apply objective criteria, 18 Jan 2018 12:00:00 GMTDEAL: first Malaysian sukuk to monetise real estate project billingsSkyWorld's issuance is structured specifically to make property cash flows more efficient, 16 Jan 2018 12:00:00 GMTBasel III: how some banks will lose outThe recent reform could impact some lenders more than others and have a destabilising effect, 15 Jan 2018 09:00:00 GMTDEAL: MENA region’s first Reit sukukReal estate trusts have mainly resorted to conventional debt financing, making this Islamic finance-based issuance a landmark deal in the region, 09 Jan 2018 17:15:00 GMTDEAL: largest ever African infrastructure project financingThe $4 billion Nacala Corridor rail and port project comprised four borrowers, greenfield and brownfield sites, and numerous legal challenges, 08 Jan 2018 17:00:00 GMTSpecial report: The future of European bank resolutionThis landmark survey from Practice Insight reveals in-house lawyers' thoughts on everything from the BRRD to what will cause the next crisis, 19 Dec 2017 11:00:00 GMTFintech could enhance small business lendingNew technologies are emerging that could improve the sector, but regulators are yet to address cyber concerns, 19 Dec 2017 09:15:00 GMTCouncil, ECB at odds over NPL planBad loans continue to blight EU economies. The Central Bank's plan to deal with the issue is facing one of its first hurdles, 07 Dec 2017 09:00:00 GMTDodd and Frank join CFPB debateThe collective minds behind the Dodd–Frank Act have outlined that Mick Mulvaney’s appointment as temporary director is contrary to the statute's original intent, 04 Dec 2017 07:00:00 GMTBanks put FRTB on holdHeads of regulatory strategy say that transatlantic uncertainty and an unworkable Brexit timetable have forced them to pause implementation, 29 Nov 2017 13:00:00 GMTEXCLUSIVE: Q&A with former OCC acting Comptroller Keith NoreikaKeith Noreika on his successor, the CFPB, fintech, Volcker and his future, 28 Nov 2017 16:15:00 GMTNoreika would consider CFPB director roleActing Comptroller Keith Noreika would jump at the chance to head up the regulator, he has told IFLR, 23 Nov 2017 12:45:00 GMTFSOC and Sifi designation reform welcomedRecommendations by the Treasury on how to improve the FSOC are reasonable, well thought out and in line with the agency’s natural progression, 22 Nov 2017 17:00:00 GMTOCC must continue to push for fintech charterState-level regulation of fintech start-ups could lead to more financial crime, but who will emerge as the principal watchdog of the sector is up for debate, 21 Nov 2017 11:15:00 GMTPRIMER: Chinese NPLsA cheat sheet on non-performing loans in China and what can be done to prevent them from escalating, 17 Nov 2017 02:15:00 GMTDistressed M&A risks in AsiaThe region is seeing an increasing number of NPL-inspired deals, but the opportunities are laden with risks, 14 Nov 2017 10:00:00 GMTHoldco/opco interpretation drives sub debt confusionIt’s unclear if asset managers understand the difference between contractual and structural subordination, 10 Nov 2017 08:30:00 GMTPRIMER: US Treasury ReportsIFLR looks at the three US Treasury reports that have been released to date, and how they may (or not) change financial regulation, 10 Nov 2017 08:30:00 GMTPRIMER: bank capitalIFLR's latest primer looks at how the requirement for banks to be able to absorb losses on their own has evolved since the financial crisis, 03 Nov 2017 08:30:00 GMTDEAL: Qantas’ loan with switchable collateralThe Australian airline will be able to mix and match aircraft used as security to achieve regular pricing adjustments, 02 Nov 2017 12:30:00 GMTChina tightens lending rules againSpeaking at the recent 19th National Congress of the Communist Party of China, the banking regulator wants to crack down on shadow banking, NPLs and online lending, 27 Oct 2017 11:00:00 GMTFrance breaks banking monopoly for alternative lendersLegacy banks are unhappy that investment funds are now able to lend money to French corporates, 27 Oct 2017 09:00:00 GMTFinancial services must embrace tech to surviveSpeakers at SIFMA’s annual conference outlined the importance of technology to continue business growth, and called on regulators to play their part, 26 Oct 2017 10:00:00 GMTChina needs to relax fintech rulesRegulations are playing catch-up with fast-paced technology changes in the sector, 24 Oct 2017 10:00:00 GMTChinese P2P lenders face IPO scrutinyRegulators are cracking down on online lenders in a bid to protect consumers and financial sector stability, 23 Oct 2017 09:45:00 GMTIFLR Fintech Asia 2017 forum: key takeawaysAll the highlights from IFLR's October 19 Fintech Asia forum, 20 Oct 2017 09:15:00 GMTIFLR Americas awards 2018 - call for nominationsGet in touch now to submit your nomination for next year's IFLR Americas awards, 19 Oct 2017 09:15:00 GMTIFLR’s Middle East Awards 2017: winners revealedAllen & Overy scoops international firm of the year at the 12th annual Middle East Awards, 18 Oct 2017 12:30:00 GMTASIC commissioner: fintech streamlines bank back officesFintech companies and banks can work together to make financial services more efficient, according to the Australian regulator's John Price, 12 Oct 2017 05:00:00 GMTBrexit will benefit Asia-PacPolitical events combined with the droves of financial regulation being rolled out in the west will boost the region, 10 Oct 2017 03:00:00 GMTIFLR Asia Awards 2018 – call for nominationsThe research process has started to find the most innovative deals in Asia - get in touch!, 09 Oct 2017 13:15:00 GMTECB gets tougher on NPLsThe latest proposals, which would have banks bear the costs of keeping bad loans on their books, come with unanswered questions, 09 Oct 2017 09:30:00 GMTFintech NYC forum: key takeawaysAll the highlights from IFLR's Fintech NYC event on September 27: the future of blockchain, leveraging regtech, automation to support compliance and more, 03 Oct 2017 17:30:00 GMTBanks are running out of time on FRTBA perfect storm of late rules, Brexit and political change is rendering the existing timeline practically impossible, 03 Oct 2017 12:00:00 GMTECB’s Nouy: EU bank resolution needs national focusThe current rules to restructure failing banks have proved they are reliable. But they need to be part of wider improvement effort in financial institutions’ health and, importantly, mentality, 29 Sep 2017 13:00:00 GMTComing soon: a guide to Italian NPLsOrrick finance group, coordinated by Patrizio Messina, assesses the country’s innovative approach to bad loans, ahead of the firm’s upcoming book on the subject, 28 Sep 2017 16:00:00 GMTCompanies bank on blockchain bonds to cut costs, timeIssuers are eyeing distributed ledger technology to reduce the financial and documentation burden associated with traditional instruments, 26 Sep 2017 08:15:00 GMTPRIMER: Dodd-Frank and stress testingThis week’s primer looks at why stress testing is necessary in the US banking sector, and where it stands today, 22 Sep 2017 07:45:00 GMTThe financial crisis, 10 years onA decade after the global banking sector came close to collapsing, the regulatory and litigation landscape has changed significantly, 13 Sep 2017 16:00:00 GMTLiving will extension prompts market reliefThe Fed and the FDIC have extended the deadline for submitting resolution plans to a number of foreign banks in the US, 11 Sep 2017 17:00:00 GMTDEAL: landmark Bangladesh power plant financingThe project, the country’s first PPP with a foreign investor, is a vote of confidence in the developing market, 08 Sep 2017 15:00:00 GMTPRC regulator blames fraud for ICO banChina’s central bank has taken drastic steps to ban what it says is a disruption to the local financial market, 08 Sep 2017 14:30:00 GMTPRIMER: General Data Protection RegulationThis week's instalment assesses market concerns around the incoming EU data rules, 31 Aug 2017 12:00:00 GMTNigeria's NPL plans are a work in progressEfforts to establish an active distressed debt market have raised concerns over security and loan recovery, 25 Aug 2017 09:15:00 GMTOCC looks to recalibrate Volcker RuleThe regulator wants to establish if the rule is fit for purpose - to the delight of most of the market, 15 Aug 2017 08:45:00 GMTDEAL: Cemex’s $4 billion refinancingThe deal helps the cement producer turn the page on a tumultuous time with more flexibility and more agreeable pricing, 14 Aug 2017 16:45:00 GMTPOLL: what should replace Libor?Vote now on the homepage to have your voice heard, 10 Aug 2017 17:00:00 GMTPRIMER: the Volcker RuleIFLR's latest primer provides insight into the future of the much-debated US regulation, 10 Aug 2017 10:30:00 GMTLife after Libor: what next for interest rates?The FCA administered the infamous rate’s inevitable coup de grâce last week, but replacing it won’t be easy, 01 Aug 2017 12:00:00 GMTGreen loans are catching onInnovation in the European market is driving issuance, but preferential prudential standards could be the boon the asset class needs, 01 Aug 2017 09:00:00 GMTBlocked CFPB rule ‘a gift to class action lawyers’Supporters of the provision, which has been blocked by the house, say it is essential for consumer rights, 28 Jul 2017 15:30:00 GMTPOLL: the future of European bank resolutionTake the survey now to have your voice heard, 20 Jul 2017 14:30:00 GMTDEAL: Argentina resumes power project finance fundingInternational lenders are slowly returning to fund infrastructure projects in the LATAM nation after years of economic uncertainty, 18 Jul 2017 11:30:00 GMTMarket misreads HK new bail-in powersSome believe their capital could be at risk under the resolution regime, a problem the government is keen to clarify, 18 Jul 2017 11:15:00 GMTPRIMER: the Bank Recovery and Resolution DirectiveIn the first of our new series of primer articles, IFLR explains the BRRD basics and what the Italian and Spanish case studies could mean for investors, 17 Jul 2017 16:15:00 GMTDana sukuk: why the market is overreactingA problem with one issuer won't undermine the entire Islamic debt market, 14 Jul 2017 10:00:00 GMTMnuchin non-US prudential standards spark debateThe Treasury’s suggestion that foreign banks should be judged on their US assets alone has created tensions between industry organisations, 04 Jul 2017 13:00:00 GMTBrexit studies: the good, the bad and the ignorantReports from Afme, Clifford Chance, Linklaters and Aeriandi have highlighted problems and suggested solutions. It's unclear whether the government is listening, 04 Jul 2017 12:00:00 GMTPOLL: Asia’s biggest Mifid II compliance concernsAs the deadline looms, the region is struggling with the extraterritorial nature of the rules. IFLR asks what's troubling the market most, 04 Jul 2017 09:45:00 GMTFirst HK-led token sale tests local lawsThe first Hong Kong-led cryptographic token sale has put the territory's relevant laws to the test, 03 Jul 2017 11:45:00 GMTVenetian banks’ bailout undermines BRRD credibilityThe cleanup was carried out as a liquidation, not a resolution, which suggests EU rules are not taken seriously enough, 30 Jun 2017 11:15:00 GMTCov-lite keeps growingSome think the changing investor base means vast parts of the market have outgrown maintenance covenants, 29 Jun 2017 15:30:00 GMTDEAL: Mozambique’s $5 billion FLNG projectThe troubled African nation has ring-fenced this landmark project to shield it from the country’s risk of sovereign default, 21 Jun 2017 04:30:00 GMTTreasury report could spell end of CHOICE ActMost of its recommendations don't need Senate approval to go live, and could also threaten current Obama-era regulation, 16 Jun 2017 11:00:00 GMTEU/US diverge on leveraged lending capThe plans will push riskier lending into unregulated domains, 16 Jun 2017 10:30:00 GMTHow capital misallocation is hurting ChinaMarket participants have urged the government to address the issue, which has exacerbated the PRC's bad debt problem, 16 Jun 2017 10:00:00 GMTEurope Women in Business Law Awards: 2017 winnersAll the highlights from last week's awards in London, 16 Jun 2017 09:30:00 GMTBitcoin arbitrage on Asian regulators’ radarThe steady increase in cryptocurrency trading in the region could be a direct consequence of investors' offshore strategy, 09 Jun 2017 12:00:00 GMTBasel IV: where is the US?The global committee of regulators has indicated an agreement is imminent – but without the US’ input it could be little more than posturing, 06 Jun 2017 11:45:00 GMTCFTC could go further in regulating fintechSome market participants have highlighted the initiative's limitations including that the regulator doesn't have enforcement powers to ensure its application, 06 Jun 2017 11:15:00 GMTDEAL: France’s first PPP refinancingFunding for the contract to manage the MoD's new Paris HQ now includes a securitisation and better terms for bank debt, 02 Jun 2017 10:15:00 GMTAsian regulators differ on framework for bitcoin operatorsJapan and South Korea have taken different approaches to the supervision of digital currencies, 31 May 2017 11:30:00 GMTPOLL: Is the SSM working?Failure or success? This month's poll asks if Europe's banking supervision system is fit for purpose, 24 May 2017 16:15:00 GMTMexico could benefit from fintech regulationThe country will likely become a LATAM hub for financial services if it tightens up regulation in that sector, 23 May 2017 11:30:00 GMTAsia’s low LEI adoption threatens post-Mifid II inclusionThe region has the lowest adoption rate of such identification codes globally, which could impact financial transactions taking place next year, 22 May 2017 16:00:00 GMTCleary grabs top spot at the IFLR Americas AwardsAll the highlights from last week's ceremony in New York, 19 May 2017 09:30:00 GMTForeign banks remain subject to regulation-laden PRC underwriting processA CBRC circular may have exempted offshore banks from its oversight but other regulators still expect to be actively involved, 09 May 2017 12:15:00 GMTEurope deals of the year: loansMuch of the creative work sought to maximise flexibility in credit agreements or cut transaction fees by amending existing facilities for acquisition financing, 08 May 2017 13:00:00 GMTEurope deals of the year: project financeSome of the most exciting innovations came in the renewables market – these included landmark solar stations and wind farms, 08 May 2017 13:00:00 GMTEsma tackles post-Brexit regulatory arbitrageThe EU authority is determined to stop the race to the bottom, despite member states’ denial of improper behaviour, 05 May 2017 08:45:00 GMTPassporting fears push market to Brexit-proof loansThe Loan Market Association’s designated entity clause is one way the market is reacting to the likely loss of some key EU rights, 03 May 2017 11:30:00 GMTVince Cable: Brexit is a body blow for the CityThe former business secretary said at an event on April 27 that while London is full of resilient institutions and creative people, businesses must get wise to the reality, 28 Apr 2017 12:00:00 GMTDebate rages over Choice Act 2.0The April hearing on the newly-released update has sparked partisan debate about the value of the act and the underlying causes of the crisis, 28 Apr 2017 09:30:00 GMTPRC regulator intervention prevents debt recovery effortsChinese creditors are seeing their efforts to enforce rights and foreclose loans weakened by increasing government oversight, 25 Apr 2017 12:30:00 GMTCyber and regulation key obstacles to fintech innovationBanks’ heightened risk aversion is preventing collaboration with smaller tech firms, 25 Apr 2017 11:15:00 GMTIFLR Europe awards 2017: winners revealedAll the winning deals, teams, firms and individuals from last week's ceremony at the Savoy in London, 21 Apr 2017 11:00:00 GMTDEAL: First commercial energy storage system projectLender CIT and developer Macquarie Capital expect this technology to take off as battery systems become more reliable, 12 Apr 2017 08:45:00 GMTKenya banks ready for licence moratorium liftingThe central bank looks set to lift the controversial ban after making progress in boosting governance and financial stability, 11 Apr 2017 08:00:00 GMTJapan pushes forward with risky first loan to IraqThe Middle Eastern country's unstable political and economic situation has some worried about the prospect of repayment, 10 Apr 2017 15:15:00 GMTFrankfurt surges in Brexit battle for London’s businessFragmentation is the clearest conclusion so far, suggesting the European banking system is set to get significantly more complicated, 06 Apr 2017 08:00:00 GMTRegtech must serve a purposeInnovative new technology like artificial intelligence is exciting but it must solve a problem that already exists, according to speakers at IFLR’s Fintech Europe forum, 03 Apr 2017 14:30:00 GMTIFLR Fintech Europe: key takeawaysIn case you missed it, here are the key discussion points from yesterday's forum in London, 31 Mar 2017 11:00:00 GMTDEAL: Aus first solar portfolio acquisition and financingEdify Energy closed funding for some of the country's first large-scale projects which attracted a trio of international lenders, 31 Mar 2017 10:45:00 GMTMarket rejects Glass-Steagall’s returnPresident Trump’s suggestion to re-instate Glass-Steagall has been dismissed by many market participants, 28 Mar 2017 12:15:00 GMTECB’s NPL guidance raises hopes and concernThe measures to address the EU's growing NPL problem are a departure from its previous prescriptive stance. But questions surround the role of servicers, 28 Mar 2017 10:45:00 GMTUK bankers still struggle with conductA third of staff at banks said they see a conflict between their employers' stated values and the way business is done – but there are some positives, 23 Mar 2017 08:30:00 GMTChina’s new cyber law could impede data transfersA requirement to keep all personal and critical data onshore could pose some difficulties for companies doing business in the PRC, 22 Mar 2017 16:30:00 GMTFintech could solve Sharia contracts' puzzlesPanellists at the Finnovasia 2017 Conference in Kuala Lumpur explained how Islamic finance could benefit from the nascent industry, 21 Mar 2017 09:30:00 GMTCompetition builds for blockchain-based software solutionA new US industry initiative is vying for position in the growing smart contract sector, 14 Mar 2017 10:30:00 GMTAnti-corruption high on global banks' agendaFinancial institutions are warning foreign businesses operating in India not to fall short of anti-bribery rules, 14 Mar 2017 10:15:00 GMTDEAL: Banks Renewables wind farm financingThe £210 million deal has combined commercial bank debt with institutional investment for the first time on a project that’s not yet operational, 14 Mar 2017 09:00:00 GMTMorocco opens up to Islamic bankingEfforts to introduce shariah-compliant banking in the north African country have been a long time coming. It chose a controlled opening of the market as its strategy, 10 Mar 2017 15:15:00 GMTIndia’s new payment banks need a regulatory boostThe introduction of digital payments on a national scale can only be successful with the government's support, 02 Mar 2017 11:00:00 GMTGreen sukuk are comingThe two asset classes are a perfect fit, but the appetite of Islamic investors for risk and innovation is limited, 28 Feb 2017 07:30:00 GMTHow conduct agenda is reshaping financial servicesA focus on behaviour may boost liquidity by improving clients’ understanding of how markets work, 23 Feb 2017 15:00:00 GMTEU payment services rules spur new regulation in JapanThe Asian country is looking to a new European directive regulating intermediary businesses to drive its own fintech sector, 17 Feb 2017 14:30:00 GMTPBOC uses blockchain technology to combat money launderingCritics say the Chinese central bank's e-money initiative is not what a cryptocurrency is for, 14 Feb 2017 09:30:00 GMTEBA bad bank plan gets mixed responseThe early-stage proposal could be a moral hazard for countries that have already sought to address their NPL problems, 13 Feb 2017 18:00:00 GMTTrump’s proposed Dodd-Frank rollback unpickedThe executive order goes beyond repealing the post-crisis legislation. The US' role within global rulemaking is also under threat, 13 Feb 2017 14:45:00 GMTBrexit white paper hints at third country equivalence status for UKThe government has clarified a few points surrounding the future of UK financial services but uncertainty remains, 06 Feb 2017 11:00:00 GMTRecord low FCA fines in 2016 were an anomalyDeutsche Bank’s AML penalty announced this morning shows the remarkably low total is not a reflection of policy change, 31 Jan 2017 10:15:00 GMTEffects of India's cash crackdown still uncertainThe government's decision to tackle corruption may not have had the desired effect, 31 Jan 2017 09:00:00 GMTDEAL: India’s first synthetic rupee-denominated margin loanThe issuance is a first on many fronts, and could help further open the local PE market, 26 Jan 2017 17:00:00 GMTDEAL: Fonterra’s multi-currency loan from Bank of ChinaThe dairy group is the first New Zealand company to tap China's DCM for financing, 24 Jan 2017 13:00:00 GMTBanks’ Brexit relocation plans hit by internal strugglesRelocation strategies are being slowed by differing priorities across teams, according to a London-based in-house at a US bank, 20 Jan 2017 11:00:00 GMTMay threatens financial centre model in Brexit speechMarket participants have interpreted the speech as a threat to pursue a free market financial centre model if access via equivalence is not granted, 17 Jan 2017 14:00:00 GMTIndia’s demonetisation drive squeezes capital deploymentThe country's withdrawal of 500 and 1,000 rupee banknotes from circulation has left banks wary of onshore investment, 17 Jan 2017 11:45:00 GMTDEAL: Europe’s first certified green loanStrasser Capital has opened the market to institutional investors with a 20-year transaction, 17 Jan 2017 11:30:00 GMTDEAL: Bahrain’s first LNGIt’s also the first time a project like this has been done on a PPP basis in the Middle East – all without enabling legislation, 12 Jan 2017 16:30:00 GMT5AMLD: EU crypto-currency framework draws closerDigital money use may be on the rise but EU regulatory efforts have not yet caught up, 11 Jan 2017 11:45:00 GMTRegulatory focus sharpens for UK crowdfundingThe FCA may take action after finding evidence that a number of platforms didn't manage investor money properly, 11 Jan 2017 11:30:00 GMTChina’s capital flight crackdown could have undesired effectsThe government's FX squeeze may have the opposite effect of stimulating investor demand for foreign capital, 06 Jan 2017 08:45:00 GMTBrexit: market access poll – have your sayIFLR is asking the market its views on the best approach for the UK on passporting, equivalence and clearing, 16 Dec 2016 11:00:00 GMTFed’s final TLAC rule releasedEnding too-big-to-fail has been a goal of the regulators since the financial crisis. The US central bank's final rule is a giant step in the right direction, 16 Dec 2016 09:45:00 GMTUS bank sector round-upHere’s what you missed – or couldn’t digest – as the year’s end rush gains pace, 13 Dec 2016 09:45:00 GMTUS financial services industry outlines Brexit concernsThe US financial services industry has expressed specific concerns over the UK’s eventual exit from the EU, 08 Dec 2016 09:30:00 GMTFirms urged to be proactive on cyberRegulators across the globe are upping the stakes for firms that don’t have adequate protections in place. Thinking the risk relates to technology alone is the first mistake, 02 Dec 2016 16:30:00 GMTRegulatory regionalism expected in 2017As 2016 draws to a close, a debate is raging as to whether international and transatlantic financial regulatory coherence can survive the coming year, 02 Dec 2016 10:45:00 GMTAre big banks more profitable?The market is divided. While some argue scale is necessary to survive, others say solidity can be more important, 02 Dec 2016 10:30:00 GMTOCC’s Curry: bank capital robustThe head of the OCC has said the US bank sector’s high capital levels can contain the depth of the next downturn, 02 Dec 2016 09:00:00 GMTKing: no need for international frameworkThe former governor of the Bank of England has questioned the need for internationally-derived bank regulation, 01 Dec 2016 10:00:00 GMTIndia's demonetisation move sparks debt concernsModi's decision to remove high-value cash from circulation may backfire, leading to increased public debt, 29 Nov 2016 13:15:00 GMTWEBINAR: Brexit and the search for consensusJoin the leading financial services lawyers on December 20 for a crucial roundtable discussion on the best approach to Brexit, 29 Nov 2016 12:15:00 GMTCWT: focus on Trump’s appointmentsThe law firm has attempted to shed light on Trump's financial deregulation aims through the lens of his appointments. It won't be easy, 28 Nov 2016 21:45:00 GMTHFT still divides opinionTwo central bank reports have come up with conflicting approaches to regulating the practice. There is still little consensus after years of discussion, 25 Nov 2016 13:45:00 GMTCRD V holdco plans are political not substantiveThe Commission's proposals have led to claims that certain aspects represent a retaliatory response to US regulatory standards, 23 Nov 2016 17:45:00 GMTNYC’s cyber security rules raise concernThe DFS' effort is by far the most specific regulation ever in US cyber - an outlier rather than part of a trend, 23 Nov 2016 14:45:00 GMTRace for EU fintech lead is onThe introduction of a fintech-friendly law will likely give Switzerland a competitive edge, although EU jurisdictions are also in the running, 18 Nov 2016 15:45:00 GMTViability of Norway model for the UK debatedFinancial regulator head Morten Baltzersen says it’s been satisfactory for the Nordic country to have a voice but not a vote. The UK has made it clear that's not its position, 17 Nov 2016 13:00:00 GMTSweden boosts ADB lending capacityThe country's Ministry of Foreign Affairs' agreement to guarantee sovereign loans in Asia has opened new doors for multilateral financing, 15 Nov 2016 11:15:00 GMTFCA’s competition powers: the in-house viewIt’s been 18 months since its remit expanded, and the regulator has just opened its first case. Lawyers under its supervision reflect on the progress so far, 15 Nov 2016 11:00:00 GMTTrump: prospects for VolckerThe president-elect is expected to abolish the Rule but there is no certainty yet as to what shape its undoing might take, 14 Nov 2016 20:00:00 GMTTrump: future of Dodd-FrankWith his focus firmly set on deregulation, the new US president-elect could look to shelve the landmark legislation, 11 Nov 2016 22:45:00 GMTMarket split on Commission’s equivalence threatLawyers are divided over the significance of suggestions that the EC plans to review the process. Some say it should be adjusted since it wasn't drafted with Brexit in mind, 10 Nov 2016 15:45:00 GMTMacau’s new RMB hub status requires a regulatory overhaulThe city aims to attract clearing platforms but outdated financial laws are holding it back, 01 Nov 2016 07:00:00 GMTDEAL: Bahrain’s first benchmark-size sukuk issuanceThe Gulf country's hopes of attracting further international investment to curb the slump in oil revenues should be boosted by its $1 billion issuance, 31 Oct 2016 12:30:00 GMTIceland's long-term capital controls challengedThe island's decision to lift eight-year old restrictions has not been welcomed by all, 28 Oct 2016 15:30:00 GMTUK regulators face sharp criticismA scathing report has called out financial services regulators for their post-crisis approach. FCA chief Andrew Bailey says it is downright offensive, 28 Oct 2016 13:00:00 GMTKorea’s capital relaxation is no boost to banks’ loss absorptionThe financial regulator has introduced new capital ratio relaxation rules but there is little expectation of a boost to lender profitability, 28 Oct 2016 10:30:00 GMTFCA won’t support post-Brexit deregulationNew chief Andrew Bailey outlined his position on the concept of a lighter-touch approach to maintain competitiveness at an October 26 event, 26 Oct 2016 14:15:00 GMTDEAL: First all A$ term loan B financingThe deal also breaks new ground as the first A$ TLB governed by Australian law. However, any lasting effect on the national market still remains to be seen, 21 Oct 2016 10:30:00 GMTDEAL: Heta Asset ResolutionThe Austrian bad bank put new EU resolution rules to the test for the first time, 21 Oct 2016 09:30:00 GMTKey takeaways: FinTech Asia 2016: Navigating legal risk and regulationAll the highlights from IFLR's first Asia fintech event. Topics discussed include the role of Hong Kong as a fintech startup hub, relationships with corporate partners, and cyber resilience and information sharing, 20 Oct 2016 13:15:00 GMTFed: blockchain is transformativeFederal Reserve Governor Lael Brainard believes distributed ledger technology comes with both risks and opportunities for the financial sector, 18 Oct 2016 14:45:00 GMTChina tightens debt-to-equity swap programmeThe government has moved to prevent banks from being directly involved in swaps, further restricting solutions available to tackle the country's mounting bad debt problem, 18 Oct 2016 09:00:00 GMTUS banks warned of hard BrexitPolicymakers, counsel, regulators and industry participants gathered in New York have been warned that the prospect of a 'hard Brexit' looks increasingly likely, 13 Oct 2016 21:15:00 GMTDEAL: Moscow City Ring Road section 3A $2 billion motorway construction concession deal has closed in Russia, the only such project so far for 2016, 13 Oct 2016 09:00:00 GMTDEAL: Hinkley Point CThe financing structure for Europe’s biggest-ever infrastructure project has changed drastically since negotiations began in 2008, 10 Oct 2016 07:45:00 GMTOver-reliance on stress tests raises legality concernsConcerns have emerged regarding EU stress tests, notably regulators' dependence on them to determine a bank’s financial viability, 04 Oct 2016 10:15:00 GMTKorea’s internet-only banks could lose outPolitical wrangling over the proposed revision of the country’s Banking Act could leave the future of online-only banks hanging in the balance, 04 Oct 2016 07:30:00 GMTInconsistent rules and NPLs hamper India's credit ratingA lack of legislative consistency is damaging India's credit rating, with poorly drafted rules and tax treatment of non-Indian investors causing particular concern, 03 Oct 2016 16:30:00 GMTFed eases risk assessments for regional banksThe US central bank is relaxing the regulatory burden for regional institutions, a move that has raised some practical questions in the market, 30 Sep 2016 21:30:00 GMTCC’s Bates: Brexit to create regulatory competitionBrexit will create fragmented financial markets, with the UK and EU also likely to become regulatory competitors, according to speakers at a recent Sifma event in New York, 28 Sep 2016 11:45:00 GMTReviving EU project bondsCredit enhancement initiatives are restoring investor confidence, helping boost infrastructure projects, 20 Sep 2016 00:30:00 GMTFCA's investigations hire sign of changeThe appointment of Michael Welch suggests the regulator is looking to learn alternative investigative techniques after recent criticism, 19 Sep 2016 23:45:00 GMTInternationalisation of US bank regulation questionedThe Clearing House Association is questioning the automatic internationalisation of US bank rulemaking, 19 Sep 2016 22:45:00 GMTIslamic finance boosts cleantech project developmentShariah-compliant funding structures are increasingly being used for renewable energy projects across MENA. Here are the techniques to consider, 19 Sep 2016 00:15:00 GMTRegulatory mismatch threatens China NPL plansCentral and local governments have taken inconsistent approaches over the country's RMB1 trillion debt-to-equity swap policy, 09 Sep 2016 09:15:00 GMTGFMA report warns of Basel III and IV risksA Global Financial Markets Association report has suggested a cost-benefit analysis of existing and proposed regulations, 02 Sep 2016 22:15:00 GMTLobbying tips for a post-Brexit worldBritain’s vote to leave the EU has created a rare opportunity for a legal overhaul. Here’s how to engage with the decision makers effectively, 01 Sep 2016 17:00:00 GMTKorea's P2P plans must be bindingThe country's regulator has taken its first steps in protecting its peer-to-peer loan industry. But the approach has been dismissed as lenient, 01 Sep 2016 10:30:00 GMTPoll: helping sukuk take offThis month’s poll considers what’s holding Islamic bonds back from the mainstream. Vote now on the homepage, 24 Aug 2016 11:15:00 GMTTesting loan participation agreements in the UKLoan asset holders are faced with risks when a distressed lender can’t meet its funding obligations. But there are ways to mitigate the dangers, 23 Aug 2016 12:45:00 GMTHow Brexit will impact leveraged loansAlthough the vote does not have any legal force in the short term, there will be changes felt in the market – in volumes, volatility and documentation, 23 Aug 2016 11:00:00 GMTHK bitcoin heist ignites intervention debateThe territory’s regulators are struggling to address increased risks of virtual currency trading, 23 Aug 2016 10:15:00 GMTNSFR questioned by US banksThe financial services industry is urging the country’s regulators to seriously reconsider the proposed net stable funding ratio rule, 22 Aug 2016 21:00:00 GMTEIB test drives new tool on A8 motorwayThe deal sets the template for future use of the bank’s new senior debt credit enhancement instrument, part of its 2020 Project Bond Initiative, 22 Aug 2016 14:30:00 GMTBail-in recognition clauses decryptedThe BRRD mandates EU entities to insert bail-in clauses in any contract they agree with non-EU parties. This could pose some difficulties in practice, 09 Aug 2016 13:30:00 GMTTough standards hamper India's NPL disposal effortsThe country's government has made public debt containment a national priority but recent laws may not have the expected effect on the soured loan issue, 09 Aug 2016 11:30:00 GMTMB sukuk hopes to kickstart Oman marketA late starter in the Islamic finance market, the GCC country is putting new shariah-compliant bond regulations to the test, 08 Aug 2016 17:45:00 GMTMexico pipeline financing sets regional templateA two-stage financing of a natural gas pipeline in the country is being welcomed as a landmark transaction in the energy market, and a template for future deals in LatAm, 04 Aug 2016 22:15:00 GMTEskom secures largest syndicated A/B Loan in AfricaThe African Development Bank has loaned $1.34 billion to the South African utility. The loan is guaranteed by the government of South Africa, under international law provisions, a first in commercial banking deals, 26 Jul 2016 10:15:00 GMTBanks harbour doubts about new Privacy ShieldTransatlantic data transfers will now be governed by a new agreement. But uncertainty remains surrounding its exact scope, 22 Jul 2016 17:15:00 GMTInside Rio Tinto's mine expansion financingOvercoming red tape and delays, the firm has revived Mongolia’s mining sector with the expansion of the country’s largest open-pit mine, 21 Jul 2016 18:00:00 GMTHK's first hybrid peer lending fund explainedManagers in Hong Kong have tested strict internet financing regulations to establish the city’s first fund-type peer-lending platform, despite transparency issues, 18 Jul 2016 14:15:00 GMTPOLL: The challenges of Basel IVThis month's poll asks which element of the Basel Committee's proposals could prove the biggest challenge for US banks, 15 Jul 2016 17:00:00 GMTWakalah-compliant sukuk first explainedMalaysia’s Sime Darby Berhad’s successful application of the wakalah principles to a perpetual sukuk has broken new ground, 13 Jul 2016 14:00:00 GMTSingle Supervisory Mechanism: 18 months onDespite some teething problems with transparency and efficiency, the ECB’s ambitious project has been a broad success, 12 Jul 2016 10:00:00 GMTNSFR could hit bank lendingThe Clearing House has released research contending that the ratio is an unnecessary and costly part of the post-crisis regulatory framework, 11 Jul 2016 21:15:00 GMTIndian public banks to struggle in loan clear-upThe government’s crackdown on non-performing assets has been criticised by market participants, who believe that meeting the 2017 deadline will be a daunting task, 11 Jul 2016 17:30:00 GMTInternal risk model squeeze faces backlashRegulators are pushing a new standardised approach. It's been met with opposition in the US, 05 Jul 2016 18:00:00 GMTUS counsel cautiously optimistic over BrexitThe key areas of uncertainty for US banks include their future in the UK, the immediate implications for the US economy, and the future regulatory agenda in Europe, 01 Jul 2016 22:30:00 GMTAsia’s currency markets hit by Brexit uncertaintyAs Britain’s vote to leave the EU causes currency fluctuations in major economies across Asia, uncertainty surrounds how the Chinese market will respond in the long term, 28 Jun 2016 12:30:00 GMTGerman MEP: UK equivalence will be ‘poor and burdensome’Member of European Parliament Markus Ferber said that in voting to leave the EU, the UK has voted to leave the single market too – and must accept the consequences, 28 Jun 2016 10:30:00 GMTKashkari: US banks still too-big-to-failThe Federal Reserve Bank of Minneapolis president has said that large US banks remain TBTF, and also slammed the US TLAC plan, 27 Jun 2016 16:15:00 GMTIndonesia’s power sector hampered by enforcementNegotiating terms for power plant projects with state-run operators in the country remains a difficult task for foreign investors, 21 Jun 2016 10:45:00 GMTFed: US banks face choice on sizeIs the shrinkage of US banks an intentional result of regulation? Federal Reserve governor Jerome Powell thinks they have a choice to make, 15 Jun 2016 02:00:00 GMTPhilippines set to bolster virtual currency rulesThe country plans to tighten its cyber security rules, four months after it was implicated in one of the world’s biggest cyber heists, 14 Jun 2016 12:30:00 GMTEU sovereign debt rules risk damaging yieldsThe proposed regulation, aimed at breaking the doom loop between banks and their governments, faces a long road ahead, 14 Jun 2016 10:15:00 GMTWhy Financial Choice Act won't replace Dodd-FrankCongressman Jeb Hensarling has unveiled legislation designed to undo 2010's bank reform. Counsel say it’s unlikely the Act will proceed, 13 Jun 2016 22:00:00 GMTUS counsel fear EU light touch advantageAs the region indicates renewed support for its universal banks, US market participants fear competitive advantage emerging from Europe, 13 Jun 2016 21:30:00 GMTEXCLUSIVE: Lord Mervyn King on the future of regulationThe former governor of the Bank of England speaks exclusively about his new book, The End of Alchemy, transatlantic coherence and why monetary policy is not always the answer, 07 Jun 2016 14:30:00 GMTSubstantial new G-Sib capital requirements unveiledFed governor Jerome Powell has revealed more stringent rules for global banks and said the surcharge will be incorporated into stress tests, 06 Jun 2016 09:00:00 GMTTransparency lacking at EU bank supervisorsMarket participants say that for integration to work, the ECB must make more information available. But the real value of the data remains unclear, 31 May 2016 11:30:00 GMTUS bank stress tests too stringent, opaqueA recent report is calling for greater transparency in US bank stress tests, which are a valuable tool but can have wider unintended consequences, 31 May 2016 09:00:00 GMTBitcoin definition remains unclear under new billCounsel in Japan say the new bill fails to define the nature of a virtual currency, with some arguing that bitcoin should be treated as formal tender, 31 May 2016 08:45:00 GMTMultilaterals must collaborate to spur private fundingSpeakers at the ICMA’s annual conference in Dublin debated how to fill the $5 trillion funding hole facing global infrastructure projects, 19 May 2016 23:15:00 GMTChina’s war on ‘channel lending’CBRC's latest crackdown on shadow banking follows last year's six-fold spike in debt receivables, which has further rattled the debt-ridden banking sector, 17 May 2016 10:00:00 GMTHow sukuk can solve Africa’s infra gapIslamic bonds are well-suited to project financing and a rise in popularity for social impact products means demand is there. But sovereigns must pave the way first, 16 May 2016 15:45:00 GMTWhat could Brexit mean for US financial institutions?Partners from Hogan Lovells gathered in New York on May 10 to debate the transatlantic impact of the historic UK referendum, 09 May 2016 15:30:00 GMTPOLL: MetLife Sifi rulingWhat will be the biggest ramification of the recent court decision upholding MetLife’s challenge to its Sifi status? Vote now, 04 May 2016 15:15:00 GMTBank of Cyprus gives loans international makeoverThe debt restructure of a major local company shows how Cypriot lenders are modernising their approach to lending, 03 May 2016 11:15:00 GMTHow quickly should the yuan be liberalised?At ASIFMA’s China Capital Markets Conference last week opinions differed on the pace at which the country's currency should be made freely convertible, 03 May 2016 10:45:00 GMTBasel drops IRR capital requirementThe decision to scrap the proposal is seen as both a softening and hardening of the regulatory stance against interest rate risks, 02 May 2016 23:15:00 GMTEurope Women in Business Law Awards 2016 – shortlist announcedThe nominees for this year's Euromoney LMG Wibl awards have been revealed. Winners will be announced at the ceremony on June 16 at London's Jumeirah Carlton Tower, 27 Apr 2016 12:00:00 GMTCounsel question Oz benchmark proceedingsStrong evidence has yet to emerge that points to external manipulation of the BBSW by the ANZ and Westpac, 19 Apr 2016 10:15:00 GMTMetLife Sifi decision unlikely to holdThe District Court decision upholding the insurer's challenge to Sifi status won’t be the end of the story, 18 Apr 2016 20:00:00 GMTEIB Italian project bond tests new lawThe pan-European export credit agency has diversified its project remit with the successful refinancing of an Italian toll road, 18 Apr 2016 15:00:00 GMTThe limits to US/EU harmonisationMarket participants regularly bemoan the lack of a consistent transatlantic regulatory framework. But achieving it is far from simple, 12 Apr 2016 16:30:00 GMTEuromoney LMG Americas Women in Business Law Awards 2016: shortlist announcedThe shortlist for the fifth annual Euromoney Legal Media Group Americas Wibl Awards has been announced, 12 Apr 2016 16:00:00 GMT