The country's first ever local currency denominated sovereign debt outside of greater China is a vote of confidence in the capital as RMB hub of the west
The UK would most likely pursue an equivalent regime. But the interim period could see British managers reliant on NPPRs, which differ wildly between member states
Welsh MEP Kay Swinburne says Parliament can’t review the cumulative impact of post-crisis regulation based on just rhetoric. It needs quantitative data from the market
Should distressed debtors cutback on their favourite past-time? A series of recent cases suggest the use of English law schemes of arrangement (SOA) by foreign companies could be at risk.
Starting next year the kingdom's stock market will open to a broader range of investors and migrate to T+2 settlement, in line with international standards
Islamic 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