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  • Non-EU fund managers are struggling to navigate both the passporting roadmap under the directive and its private placement workaround
  • With China's Xi administration pushing for capital account reform, counsel have revealed a tightening of cross-border cash flows
  • Most global significant banks will have to meet a total loss absorbency capital requirement of 18% of the resolution group’s risk-weighted assets from January 2022
  • The revocation of foreign exchange licenses has shocked local lawyers, who have dismissed it as an act of impulse with serious implications
  • In lieu of a secondary bond market, term loan B products are becoming the first port of call
  • Welcome to this year's Insolvency and Corporate Reorganisation Report, offering jurisdictional analyses and expert commentary on the most significant restructuring and bankruptcy developments from around the world
  • Robert van Galen, president of Insol Europe, reflects upon developments in European restructuring this year
  • Mark Robinson, president of Insol International, discusses his goals for Insol and restructuring developments in the Asia-Pacific
  • Carola Schuler, Moody’s managing director of financial institutions in Europe, the Middle East and Africa, discusses its new methodology and the global regulatory environment
  • Italian bankruptcy law provides that businesses in distress or that are insolvent can make use of: judicial insolvency processes whose principal purpose is the liquidation of the company's assets, such as winding-up and liquidation, and non-judicial rescue arrangements whose purpose is instead to restore financial stability to the business via a reorganisation with creditor assent, such as a certified rescue plan and debt restructuring agreement.