Search results for

Ben Shorten and Jean-Louis Neves Mandelli, Shearman & Sterling

All the key takeaways from IFLR's January 23 London event in one place

Banks have not been able to engage in proprietary trading since the financial crisis. But reform could be on the cards, says Tom Quaadman, executive vice president of the US Chamber of Commerce’s Center for Capital Markets Competitiveness

The recent coming into effect of Mifid II is redefining how the sell and buy-sides deal with investment data

Matthew Cox Leila Hubeaut Between December 2017 and January 2018 several international firms scaled back their EMEA networks. Norton Rose Fulbright closed offices in Abu Dhabi and Almaty in this period, relocating its staff in the former office to Dubai and exiting Kazakhstan entirely. The firm's Almaty team have established a new local law practice, KM & Partners.

A new regulation in Colombia has the potential to dramatically improve the Colombian financing landscape. The Colombian Central Bank recently began allowing foreign entities to lend Colombian pesos to local entities. Before that, foreign loans could only be extended in foreign currency with the corresponding foreign exchange risk (subject to the ability of arraigning for peso-linked facilities).

The legal recognition of close-out netting provisions in financial contracts is increasingly significant to parties in the UAE as the region advances implementation of Basel III principles

Brian McKenna In Australia it was announced in December that Norton Rose Fulbright (NRF) and Henry Davis York (HDY) would merge under the NRF banner. HDY's managing partner Michael Greene is now deputy managing partner in Australia at his new firm and national head of the government practice. The move follows a similar merger for NRF recently with Chadbourne & Parke.

China has been stepping up its efforts to tighten regulations to rein in financial risks. The latest moves include strengthening lending regulation for online microloans by banning unlicensed operations and setting borrowing limits. These cash loans typically charge high interest rates and are targeted towards those with limited access to credit, poor credit history and/or who need access to funds quickly. There are over 2,500 online platforms providing short-term loans to 10 million users in China with loans in this sector totalling in excess of RMB1 trillion ($155 billion).

In the February 2018 cover story, IFLR discusses how upcoming elections in a number of Latam nations could unsettle the equity and debt capital markets