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  • The CFTC's new Foreign Consolidated Subsidiary designation will increase its jurisdictional footprint
  • The country's first off-balance securitisation by a corporate group is being hailed as transformative
  • The deal also breaks new ground as the first A$ TLB governed by Australian law. However, any lasting effect on the national market still remains to be seen
  • The Austrian bad bank put new EU resolution rules to the test for the first time
  • The prospect of a so-called hard exit from the EU has the funds market considering who has the most at stake
  • 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.
  • The EU needs to go back to the drawing board
  • Regulators must break down the barriers to the distribution of funds across member states to improve cross-border investment and capital market activity in the EU, according to a September report by France's securities regulator.
  • Avtoban is on its way to achieving financial close on the multi-billion MCRR project