Search results for

Sellers in European M&A deals took on less risk in 2014 as the region saw a major uplift in M&A deal value, according to a study by CMS Cameron McKenna.

Finance minister Arun Jaitley’s proposals could boost the country’s equity capital markets. Here’s how

Jones Day's John Ahern explains why China’s growing role in Europe will test the region’s changing regulatory attitudes towards foreign banks

You are a small to mid-size bank and you have learned you are the target of a probe by US regulators. Baker & McKenzie's Marnin Michaels, George Clarke and Doug Tween explain what should you do

The FSB’s consultation on total loss-absorbing capacity is the last significant piece of post-crisis reform. But there are concerns about how it will work in practice

The country's new corporate governance code makes incremental improvements to its predecessor. Uría Menéndez's Carlos Franco Duque analyses whether it goes far enough

Class-action lawsuits are thought to be an important aspect of investor protection. Syren Johnstone, adjunct associate professor at Hong Kong University, explains why the SFC’s powers may be a meaningful alternative

The European Commission’s revised Regulation on Insolvency has been finalised. But Linklaters' Jo Windsor and Richard Hodgson query how effective the changes will be

Muharrem Küçük Tolga Çabakli The new regulation on Principles and Procedures Applicable to Factoring Transactions (Regulation) was published by the Banking Regulation and Supervision Agency on February 4 2015 (Official Gazette 29257). The Regulation includes provisions related to: (i) invoicing; (ii) provision of negotiable instruments; (iii) assignment of future receivables; and (vii) retention of documents. The Regulation aims to prevent any fictive factoring transactions. It is prohibited to enter into any factoring transaction without a genuine invoice or a document which is also treated as the invoice. Banks and factoring companies incorporated in Turkey (Institutions) are required to inspect transactions to verify whether invoices are repeating or recurring, through the Central Invoice Record System. Additionally, if an invoice has been cancelled, clients must notify the Institutions and for the provision of new replacement invoices an undertaking must be provided by clients.

Markus Bolsinger Wendy Pan Judah Frogel Penny Zacharias Mario Nigro April witnessed the continuing defection of talent from Pillsbury to WINSTON & STRAWN. Following the moves of 14 partners in March, Peter Morgan, who specialises in structured finance, private equity, and fund formation, made the move to Winston's New York office.