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The global economy is moving away from fossil fuels. But markets could be in for a shock when the well runs dry

Ireland is the latest sovereign to successfully launch a zero-coupon bond in the market, with reports pointing to demand 2.5x oversubscribed for the five-year notes.

The market is pondering what life after the benchmark will look like, including possible replacements and the impact on future and updated bond programmes

Sean Lacey Pierantonio Musso In Latvia – in the latest chapter of the long-running firm merry-go-round that has been the Baltic legal market in recent years – the local branch of Swedish firm Magnusson announced it has split from its former network and joined pan-Baltic group Glimstedt. Following the merger of its Latvia team Glimstedt & Partners with Ellex in February, Glimstedt had lacked a presence in Riga for the past eight months. Its new office is now managed by partners Aldis Kalinks, Ivars Kronis, Valdis Kronis, Agnese Medne, and Lauris Zubulis.

On August 30 2017, the Brazilian Central Bank released Public Consultation 55/2017, which proposes the regulation of certain types of credit transactions carried out exclusively via electronic lending platforms. The proposed regulation fits in with the trend for the Brazilian authorities to stimulate financial inclusion through the regulation of mobile payment tools, credit unions and equity crowdfunding. It also follows the regulatory template of other markets such as the UK – a regulatory sandbox safe house, where rules become more stringent as the entity grows.

Regulatory enforcement and related litigation in the UK have evolved significantly since the financial crisis

Initial coin offerings are giving regulators a headache because they don’t play by traditional rules. How should they be approached?

The Commission: bringing up the walls with EU rulemaking

Technology plays a major role in the development of financing alternatives, and investors and consumers are eager to access funds in a more expeditious and efficient manner. In fact, investors would relish the efficiency of tasks such as due diligence and disbursement being possible at the click of a link, without having to enter into complex negotiations and long drafting sessions. This new reality brings with it new challenges, not only for financial entities but also for regulators and lawyers. Fintech is a reality that imposes financial regulations and allows business to evolve.

According to reports, Houston-based Andrews Kurth Kenyon and Virginia-based Hunton & Williams are discussing merging practices.