Search results for

Project finance deals involving commodities require constant risk mitigation and management. Good structuring from the outset is key

The EU’s latest prospectus rules are gathering steam. But uncertainty continues to surround summaries, risk factors and retail denominations

Takeshi Orihara On July 17 2015, the Act partially revising the Trade and Investment Insurance Act was promulgated. It will enter into force on April 1 2017. The Act sets out the organisation of Nippon Export and Investment Insurance (NEXI), the Japanese export credit agency, and the rules of trade and investment insurance.

Daniel Lehmann Michael Abegg Interest paid on bonds as defined by the Swiss Federal Tax Administration (SFTA) for Swiss withholding tax (WHT) purposes, which may also include certain types of syndicated loans, issued by a Swiss tax resident debtor is generally subject to WHT at a rate of 35%. This may have an adverse impact on the competiveness of the Swiss capital market.

Is globalisation retreating under populist pressure? Or are populist politics a sign of its force?

China has officially banned banks from carrying out debt-to-equity swaps directly, a move which has been met with mixed reactions. The State Council issued a circular on October 10 stipulating that banks can only be involved in such transactions through so-called implementing institutions. These include financial asset management companies (AMCs), insurance AMCs and state-owned investment management companies.

A $2 billion bond offering to finance the construction and development of the New Mexico City International Airport is being hailed as the largest inaugural bond offering ever for a new airport.

Alicia Videon Nadim Khan Aian Abbas Shaun Lascelles

Monica Arora Carl Frischling Following an August lull, September saw the return of lateral movement between leading US firms.

Carlos Fradique-Méndez Sebastián Boada Morales The Colombian Central Bank (Banco de la República de Colombia or BRC) is the regulatory authority in charge of foreign exchange (FX) matters. As such, it is in charge of overseeing the Colombian cross-border derivatives market and the local derivatives market related to FX operations. Contracts for difference (CFDs) are generally defined as derivatives products that allow investors to take a position on the changes in value of an underlying asset. Until recently, Colombian regulation did not consider these types of products to be financial derivatives.