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