Follow the trail: tracing complex financial transactions A recent high-value fraud claim gives an insight into the interrogation of ultra-high volume discovery and has shown how bespoke algorithms can be used for tracing exercises involving complex financial transactions
PRIMER: leverage ratios Regulation and risk management expert Bozena Gulija looks at how they are measured in the banking sector
The end of the Lehman Waterfall proceedings The landmark scheme has brought much-needed clarification on the determination and payment of statutory interest
What the green bond market needs to grow The market is gaining momentum with increased sovereign, supranational and corporate issuances, and growing government support
Opinion: Amazon poised to enter the banking sector Traditional banking institutions have been fending off the threat of self-made start-up fintech organisations since the concept of fintech first made its way into our vernacular
POLL: the changing face of capital raising The revamped Jobs Act is designed to rejuvenate IPOs, but will it work?
INTERVIEW: keeping faith Julia von Buttlar, deputy head of division in BaFin’s securities supervision directorate, discusses how cooperation is key when it comes to ensuring the integrity of the international financial markets
Raising the bar Asia is improving corporate governance. But some companies aren’t jumping at the opportunity
The interaction between the Hong Kong and Singapore insolvency frameworks A recent decision involving Singapore’s CW Group considers the interaction between the Hong Kong and Singaporean insolvency frameworks
Two sides to one story The US Supreme Court’s Ohio v American Express decision of June 2018 analysed the economics of the two-sided market for credit card transactions
Due diligence: from KYC to WAKOC Blockchain could create new opportunities for verified identity solutions
Best practice for IOSCO cooperation standards Hong Kong’s financial regulator has become one of the first signatories of IOSCO’s enhanced cooperation standards
Change on the horizon Pedro Cortés, Rato Ling Lei & Cortés, and António Lobo Vilela look at what might happen when Macau's casino gaming concessions expire in 2020 and 2022
ConocoPhillips, PdVSA agreement to open creditor floodgates in Venezuela The agreement to recover $2 billion from the state-owned oil company could lead to future recovery actions
DEAL: world’s first global blockchain bond (bond-i) The World Bank's bond used smart contracts to automate the traditional bond issuance process
Market divided over new-look Cfius’ impact on foreign funds Firrma leaves questions open regarding the material impact its changes will have on private equity and foreign investment funds
US, UK cryptocurrency laws deterring blockchain companies A blockchain company tells IFLR about the challenges that exist in the US, while the UK still lags behind when it comes to regulation
MREL rules could derail progress of challenger banks UK Finance says smaller banks could be forced to hold the same level of capital as HSBC or Barclays
Citibanamex: US, Mexico Nafta talks could make it easier for Canada An initial bilateral agreement has been reached between Mexico and the US, but Canada is still expected to join the new-look trade pact
INTERVIEW: Laura Cha, chairman of Hong Kong Exchanges and Clearing Asia reporter Karry Lai speaks with HKEx’s chairman about her career path, Hong Kong’s new listing regime and strategies to increase women on boards
Asset manager: sponsors need to do better job to prove bitcoin ETF viability Self-custody and weak benchmarks aren’t good enough indicators of quality for the SEC
Mifid II encouraging AI boom in fixed income Regulators need to ensure that regulation is incentive-based to avoid discouraging innovation
Inside the world’s first sukuk ESG equity fund A key jurisdiction for Islamic finance, Malaysia is creating a new investment product
SEC statement on CAT delay ‘exactly what industry was looking for’ Exchanges have no anticipation of being able to meet imposed deadlines, so SEC staff has offered a form of no-action relief
Inside NET4GAS' exchange and tender offer Exchange and tender offers were carried out under English law but local Czech law governed the documentation
Growth of fixed income ETF market may impact HY bonds Although the market is still small, rising ETF figures continue to be an area of focus for academics and practitioners
On balance: when conflicts happen between Russian and EU inside information rules Issuers are well advised to consider potential conflicts before listing
Failure of SEC tick size pilot points to regulator weakness The agency is shelving the system, amid wider criticism that it hasn't improved trading for small cap companies
PRIMER: Vietnam’s new competition law The new rules introduce the concepts of significant market power and extraterritoriality, in line with international standards
Euromoney Legal Media Group Asia Women in Business Law Awards 2018: shortlist announced All the nominated lawyers, teams and firms for the awards, which will take place on November 8
Clock is ticking for SEC to implement new leverage rules Several BDCs gained board approval to double their leverage earlier this year, but the rules are yet to be amended
In-house counsel: following the assets is key in mainland China disputes Panellists at Asialaw Asia-Pacific Dispute Resolution Summit share practical tips, including forum selection and judgment enforcement, for disputes in the PRC
Phoenix Group’s tier 2 euro-denominated bullet bond assessed The deal comes amid an anticipated end to the buoyant European debt cycle
HMKA: regtech is one answer to increase in regulation Delegates at the Hong Kong Institute of Bankers' Annual Banking Conference discussed why it's important to streamline the interface between banks and regulators
Clearing industry faces cliff edge after Brexit Equivalence is the preferred solution for the clearing sector, at least in theory
Euromoney Legal Media Group Americas Rising Star Awards: winners announced All the winning individuals and firms of Euromoney's first Americas Rising Stars awards
New York clearing could be major Brexit winner Unprepared regulators and infrastructure could send clearing houses further afield once the UK leaves the EU
‘Tricky’ IPO market impacted by price volatility Geopolitical upheaval is having an impact, but price volatility remains number one concern
Publication: Structuring Liability Management Transactions Mayer Brown lawyers outline key legal and regulatory considerations for issuers looking to carry out debt management exercises in the US: a timely topic
CFTC: limit application of US rules for cross-border swaps A new paper makes a number of proposals designed to address the extraterritorial effect of the US framework in the swaps industry
EU Prospectus and Primary Markets Issuance Conference 2018: key takeaways All the highlights from IFLR's ninth prospectus forum
EU loan market needs to react to increasing data quality demands The Commission tells IFLR that financial identifiers have a key role to play
EBA: EU banks’ balance sheets could get a boost from STS rules Rules coming into force in 2019 could allow for capital relief transactions to benefit from lower STS capital requirements
SEC: dual-class shares should not last forever Commissioner Robert Jackson said while these may have value, they should not be passed on to a company owner's heirs
African SMEs need to focus on corporate governance A lack of structure and standards is holding back the growth of the private sector in the region
Ratings scandal prompts action from Chinese regulator The Dagong incident and a desire to internationalise Chinese capital markets have forced a number of government agencies to step in
PRIMER: operational risk – prudential regulation perspective Regulation and risk management expert Bozena Gulija examines how interest and resources have increased when it comes to this category of risk
In-house counsel: start Libor transition sooner rather than later A number of leading in-house practitioners discuss how they are managing and implementing the transition away from Libor in the run up to the 2021 deadline
Community Reinvestment Act: rework or revamp? With the deadline for public comment approaching, whether the CRA needs to be fully overhauled or simply reworked remains to be seen
IFLR Middle East Awards 2018: winners revealed All the winning teams, deals and individuals from the October 17 awards, which took place at the Burj Al Arab in Dubai
