Lord Peter Goldsmith The former UK Attorney General has called for a more flexible form of deferred prosecution agreement (DPA) than that proposed by the UK government. For DPAs to be an effective enforcement tool, prosecutors must be able to offer agreeable terms and incentivise companies to self-report, Lord Peter Goldsmith told IFLR. This could be difficult under the stringent approval process the government proposes to introduce as early as next year.
The first Russian covered bond issuance to receive a rating higher than its issuer could prompt more use of the capital raising tool by the country's fragmented banking sector.
The US's biggest financial overhaul since the great depression represents a fundamental shift in regulatory philosophy, says Morrison & Foerster's Anna Pinedo. And its legacy will be felt far beyond the US
Wall Street's most influential lawyer, was at the centre of US regulators' attempt to save Lehman Brothers. Here he compares the US and EU regulatory reactions post-crisis
The first Russian covered bond issuance to receive a rating higher than its issuer could prompt more use of the capital raising tool by the country’s fragmented banking sector
Following the launch of its London-based debt infrastructure unit, BlackRock's co-head of European infrastructure debt enters the debate on whether EU institutional investors will follow the US in-house portfolio manager model
Credit rating agencies attracted a fair chunk of the blame for the global financial crisis. But that's nothing new, says Mark Adelson, former chief credit officer at Standard & Poor's