Search results for

Britain's vote to leave the EU has far-reaching ramifications for European insolvency law, and could see proceedings opened under English law disregarded by other jurisdictions.

Brazil needs Dip financing now

US presidential hopefuls are contemplating reinstating the act in response to the government’s handling of the 2008 financial crisis. It would be a mistake

In the second part of this month’s cover story on NPLs, attempts in China to tackle the problem are revealed. But the country may be better off following India’s lead

Mayank Gupta Christopher Machera The biggest US headline this month was ALLEN & OVERY's addition of a five-person team. The firm secured a five-partner leveraged finance team consisting of Scott Zemser, Alan Rockwell, and Judah Frogel from White & Case, Rajani Gupta from Proskauer Rose, and Todd Koretzky from Milbank Tweed Hadley & McCloy.

The European Commission's decisions regarding Greek banks provide an indication as to the approach it will take with the Italian financial sector

US counsel and industry feel that the regulatory clampdown on banks' use of internal risk models is likely to result in increased capital charges. The regulatory push back against internal models takes different forms. In the US, one such is the supervisory guidance on model risk management, better known as SR 11-7 and released by the Federal Reserve Board (FRB) and the Office of the Comptroller of the Currency (OCC) in 2011. While the guidance applies only to banks in the US, it's becoming a global standard.

The SEC still has some work to do to finalise its framework for SBS dealer registration but firms should set compliance plans in motion

Oene Marseille Emir Nurmansyah In July 2016, Indonesia's president Joko Widowo issued a new regulation clarifying a previously issued presidential regulation which had set a minimum authorised capital amount of IDR 50 million (approximately $4,000) for the establishment of companies.

Eszter Ritter In Austria, RAUTNER added banking and capital markets capacity in the form of Walter Gapp who joined the team from Schoenherr.