The Libor rate-fixing scandal has spared few banks, and tainted some of the world’s most influential regulators. The benchmark rate needs to change. The question is how?
UK white collar prosecutors look set to receive a new enforcement tool following the Ministry of Justice's consultation (the Consultation) on deferred prosecution agreements (DPA), which closed last month.
Diversification of Russia’s banking sector following its accession to the WTO will be constrained by raising global capital requirements. But the sector should be bolstered by loan standardisation expected this year
Unlisted Italian corporates are a step closer to tapping the debt capital markets after the government’s capital raising reforms were passed by the lower house of parliament last week
Proposed introduction of binding say-on-pay shareholder votes in the UK will add to the momentum of the so-called Shareholder Spring. It means shareholders will be firmly focused on executive compensation until macroeconomic conditions improve.
The first Portuguese ABS deal in five years prioritised reserve fund replenishment, removed counterparty risk, and used an exposure portfolio mechanism to cover set-off risk
The success of the European Investment Bank’s (EIB) recently approved project bond programme will depend on the efficacy of the first deal template, lawyers have said
The issuance of Uruguay's first real estate investment trust (Reit) is being quickly followed by more advanced deals. Strong relationships with pension funds and the securities regulator should be top priorities for managers looking to tap the market.
