Search results for

Investigations into South Korea’s CD rate-setting prompted the country’s FSC to introduce the Cofix benchmark for short-term lending rates. But there are issues with Cofix setting too

David Cho, Dechert Beijing was the region's busiest lateral market during July and August – particularly with corporate movements – and MAYER BROWN came up trumps. The firm made two significant corporate hires in Dechert partner Henery Wang and Orrick Herrington & Sutcliffe's Billy Au.

Following a spate of scandals, IFLR asked bankers’ counsel if it’s time to break up the mega-banks

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?

The SEC has adopted requirements for a Consolidated Audit Trail, but it leaves critical questions unanswered

The bankruptcy of Mexico’s Vitro tested US international insolvency laws, and serves as a warning to both creditors and debtors

Pre-merger notification has arrived in Brazil. Here’s a practical guide to obtaining competition clearance under the new rules

Multinational enterprises may conduct internal compliance investigations for various reasons, such as as part of efforts in regulating sales practices or for compliance with anti-bribery requirements. In addition to interviewing employees, the enterprise will usually review information about employees saved in the enterprise's computers, its servers or other documentation and therefore may gain access to the personal information of employees or third parties. Especially for comprehensive internal investigations launched based on legal requirements (for example, the US Foreign Corrupt Practices Act), an enterprise will gain access to substantial information relating to employees and third parties and will need to pay attention to the use of personal data.

After a four-year lull, securitisation is easing its way back into China. Despite the market's unenthusiastic response to the People's Bank Of China's (PBOC) plan, announced in March, to allow five participating banks to securitise credit assets, developments elsewhere give a sense of China's securitisation goals.

On top of being bad policy, transaction tax has little impact on volatility. Knight Capital's rogue algorithm resulted in a $440 million trading loss for the market-maker that made wild trades for 45-minutes before pulling the plug on its new system. Perhaps more concerning to market participates is the trading blunder's potential to rally support for a policy solution that is anything but.