Documentation

Documentation


News analysis on the regulatory effects on disclosures, terms, covenants, redemption and subordination. Whether it’s how product manufacturers are keeping their Priips KIDs under three pages or how bail-in clauses are changing as a result of new capital rules, it’s all here.

Priips continues to restrict bond supply to retail investors

May 16, 2019

Eighteen months since it came into force, bank and industry association sources say issuers are still refraining from placing bonds with retail investors due to the EU regulation

Practice Insight’s most read: June 2019

Jun 27, 2019

Here's what your competitors have been reading this month: Libor transition planning, FRTB implementation, tax loopholes and more

Firms reluctant to sign up to Brexit terms

Apr 17, 2019

Corporates and asset managers are refusing to sign any repapered contracts in anticipation of a soft or cancelled Brexit. They say they will deal with it nearer the time, and hope regulators will be flexible

Why documentation-light Schuldscheins are flourishing

Apr 17, 2019

Bankers and lawyers explain how the German law instrument that flies under the regulator’s radar has risen to prominence in the post-crisis environment

Banks deliver Brexit employment contracts

Apr 10, 2019

Big banks are giving employees their new contracts to be signed and dated once they have officially relocated to an EU hub, while large buyside firms are assessing their Mifid activities

STS deters investors from securitisation market

Apr 3, 2019

Investors are withdrawing from securitisation deals due to the delay to Esma’s new templates. Here, heads of sellside structuring teams and buyside portfolio managers discuss their fears of sanctions if an STS deal is later found noncompliant

Initial margin: Libor legacy deals in the clear – for now

Mar 20, 2019

The ball is in national regulators’ court to determine what is a genuine or a material adverse contractual change when it comes to Libor repapering exceptions for initial margin rules

Prospectus Regulation aggravates Brexit headache

Feb 28, 2019

Third-country sponsors and UK firms will need to establish an EU home before future issuances. Meanwhile others are worried about the regulation's extensive risks factors