The IBA’s Anne Véronique Schlaepfer explains why the organisation is targeting Africa and how perceptions towards arbitration – and arbitrators – can change over time
Brexit could impact bespoke derivatives trading documentation. And the possibility of dual compliance requirements will further add to transaction costs
In the aftermath of the 2009 global financial crisis, international financial regulatory bodies such as the Basel Committee on Banking Supervision scrambled for answers to one key question: what caused the crisis. Although there were many causes, regulators uniformly concluded that a lack of sound corporate governance practices was one of the root causes of the crisis. It was said that boards of directors that were asleep at the helm, so-called runaway CEOs, figurehead audit and risk committees, and a lack of checks on moral hazard, were to blame for many of the problems.
