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  • Listing applicants are demanding commitment letters from their Hong Kong sponsors, potentially compromising the due diligence done on IPOs
  • Basel’s proposed relaxation of liquidity and capital guidelines is good news for banks. But regulators must still provide more clarity, and be careful not to water down their original intentions too much
  • To the relief of Japanese banks, the Basel Committee has scrapped measures that could have invalidated some of their tier-one capital
  • The Basel Committee’s plans to relax liquidity restrictions will mean that the UK FSA's regime will be stricter, and could leave UK banks at a competitive disadvantage
  • Why Malta is set to be the big winner of the EU’s Ucits IV legislation package released this month
  • Turkish bank Akbank’s $1 billion bond has avoided the usual loan participation structure. It also anticipates expected changes to tax laws
  • The first secured high-yield bond to be sold under the new German Bond Act has some innovative features, including the first trustee-like service
  • Obama’s signing of the Dodd-Frank Act marked the end of a year-long effort for legislation. But it is not the end for confusion over how the law will affect banks
  • Liquidity and leverage proposals by the Basel committee could threaten the Danish market in mortgage credit bonds. But the instruments’ business model is very safe
  • Sofia Gouveia Pereira, Margarida Lino Santos and Patrícia Vinagre e Silva of Gouveia Pereira & Associados consider the changes to corporate governance in Portugal