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| 1 | International investment in microfinance: overview An overview of international investment in microfinance, including a discussion of what is microfinance, the types of international investment in microfinance, recent trends in the microfinance industry, rating agencies and methodology, foreign exchange issues, regulatory issues, Islamic finance and legal opinions in microfinance transactions. | Practice Note: Overview | Maintained |
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| 1 | Financial assistance This note considers the rules under the Companies Act 2006, from 1 October 2009, that prohibit a public company from giving financial assistance for the purpose of the acquisition of its shares or those of a parent company, and a private company from giving financial assistance for the purpose of the acquisition of shares of a public parent company. For details of the pre-1 October 2009 position under the Companies Act 1985, see Practice note, Financial assistance: pre-1 October 2009. | Practice Notes | Maintained |
| 2 | LIBOR review and reform: overview for finance lawyers This note provides an overview of the proposals to reform LIBOR, focussing on those aspects that may impact existing and future finance agreements that refer to LIBOR. | Practice Notes | Maintained |
| 3 | Loan Agreement: US Withholding Taxes This Note discusses the US federal income and withholding tax rules that potentially apply to payments made by a US corporate borrower to a foreign corporate lender under a loan agreement. | Practice Notes | Maintained |
| 4 | Structuring and Restructuring European Leveraged Finance ... This Note provides an overview of structuring and restructuring European leveraged finance transactions for US practitioners. It describes two methods by which senior lenders may recover their debt from an insolvent European borrower. The first method is taking security over the borrower's and its subsidiaries' assets. The second method involves a sale of the borrower's business as a going concern to a new owner which is effected by a share sale. | Practice Notes | Maintained |
| 5 | Syndicating European debt into the US: It is not the picture but ... A practice note on the issues faced by European borrowers syndicating debt into the USA. | Practice Notes | Maintained |
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| 1 | Chart of FATCA Intergovernmental Agreements This Chart provides a summary of the jurisdictions that have initialed or signed a model intergovernmental agreement (IGA) to implement the Foreign Account Tax Compliance Act (FATCA) | Checklists | Maintained |
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| 1 | Eurozone: developments in loan documentation In this article, based on a client briefing, the Banking and Finance Group at Clifford Chance LLP highlight the developments in loan documents arising since their earlier article The Eurozone Crisis and Loan Agreements. | Articles | 31-May-2012 |
| 2 | FATCA: sweeping international tax obligations An assessment of the international implications of the US Foreign Account Tax Compliance Act. | Articles | 02-May-2012 |
| 3 | The Eurozone Crisis and Loan Agreements In this article, based on a client briefing, the Banking and Finance Group at Clifford Chance look at how loan documentation might (or might not) deal with the possibility of a Eurozone member departing from the currency union. | Articles | 03-Jan-2012 |
| 4 | Implications of Foreign Account Tax Compliance Act (FATCA) An article about recent developments relating to the US Foreign Account Tax Compliance Act. | Articles | 18-Nov-2011 |
| 5 | PLC Global Finance update for September 2011 Australia The Australia update for September 2011 for the PLC Global Finance multi-jurisdictional monthly e-mail. | Articles | 18-Oct-2011 |
| 6 | PLC Global Finance update for July 2011 Japan The Japan update for July 2011 for the PLC Global Finance multi-jurisdictional monthly e-mail. | Articles | 11-Aug-2011 |
| 7 | Private equity financing trends: back to the future? A consideration of the changes in European private equity financing since the height of the market in 2007. | Articles | 24-Feb-2011 |
| 8 | FATCA Explained: Targeting Offshore Tax Evasion This Article discusses the Foreign Account Tax Compliance Act (FATCA) provisions included in the Hiring Incentives to Restore Employment (HIRE) Act to target offshore tax evasion. | Articles | 29-Mar-2010 |
| 9 | Amend and extends: are they gaining traction in the UK? This article looks at whether A&E transactions could become more popular in the UK. It examines the potential difficulties involved in using such transactions as a different solution to refinancing an existing syndicated loan, from the point of view of both investment grade loans and sub-investment grade loans in the UK, as well as some of the alternative options available to borrowers to repay maturing loans. | Articles | 25-Jan-2010 |
| 10 | Trends in private M&A: the new deal landscape The post-Lehman deal landscape is very different to that of previous years, seeing a marked decline in deal value and volumes. However, there has been enough activity for some interesting trends to emerge. | Articles | 28-Oct-2009 |
| 11 | Cross-border supplies of services: changing the established ... From 1 January 2010 until 2015, a series of changes to the European value added tax (VAT) system will come into effect to implement what is commonly referred to as the VAT package. The VAT package comprises a number of initiatives including changes to the place of supply of services, a new procedure for VAT refunds from a different member state and enhanced administrative co-operation between member states. This chapter compares the pre- and post-2010 rules dealing with the place of supply of services. | Articles | 01-Mar-2009 |
| 12 | UCITS and the cross-border registration process Following the recent approval of UCITS IV by the European Parliament in January 2009, this chapter discusses: the benefits, costs and intricacies of offering UCITS for sale globally; cross-border registration of UCITS within the EU; cross-border registration of UCITS outside the EU; and the impact of proposed changes to the UCITS regime (UCITS IV) on cross-border registration. | Articles | 01-Jan-2009 |
| 13 | Distressed debt investing: UK and US markets compared A consideration of the issues involved in investing in distressed debt in the UK and US markets. | Articles | 23-Oct-2008 |
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| 1 | Third version of Equator Principles released The third version of the Equator Principles (EP III) were released by the Equator Principles Association in May 2013. | Legal Update: archive | 21-May-2013 |
| 2 | IRS Issues Final Regulations on FATCA The IRS and Treasury Department issued final Treasury regulations addressing withholding and information reporting requirements under the Foreign Account Tax Compliance Act (FATCA). | Legal Update: archive | 18-Jan-2013 |
| 3 | LMA updates secondary debt trading documents relating to ... The Loan Market Association (LMA) has published revised versions of some of its secondary debt trading documents in the light of the US Dodd-Frank Act. | Legal Update: archive | 05-Nov-2012 |
| 4 | IRS Delays Certain FATCA Deadlines The IRS released an announcement that delays certain deadlines under the Foreign Account Tax Compliance Act (FATCA) and provides additional guidance on grandfathered obligations. | Legal Update: archive | 25-Oct-2012 |
| 5 | Government accepts all recommendations in Wheatley LIBOR ... HM Treasury has announced in a written ministerial statement that the government accepts all the recommendations in the final report on the review of the London Interbank Offered Rate (LIBOR) undertaken by Martin Wheatley, FSA Managing Director and Chief-Executive designate of the Financial Conduct Authority (FCA). | Legal Update: archive | 17-Oct-2012 |
| 6 | Wheatley LIBOR report recommends ten-point reform plan ... HM Treasury has published Martin Wheatley's final report on the review of LIBOR. Certain aspects of the report are of particular interest to transactional finance lawyers. | Legal Update: archive | 01-Oct-2012 |
| 7 | Equator Principles version 3 published in draft The Equator Principles Association published a draft of version 3 of the Equator Principles (EP3) for consultation, on 13 August 2012. | Legal Update: archive | 14-Aug-2012 |
| 8 | Wheatley review discussion paper outlines LIBOR reform ... HM Treasury has published a discussion paper outlining initial thinking on the review of the London Interbank Offered Rate (LIBOR) being undertaken by Martin Wheatley, Chief Executive-designate of the Financial Conduct Authority (FCA). (Free access.) | Legal Update: archive | 10-Aug-2012 |
| 9 | Government statement on the FSA investigation into LIBOR HM Treasury has published a statement by George Osborne, Chancellor of the Exchequer, on the FSA's investigation into the manipulation of the setting of the London Interbank Offered Rate (LIBOR) and the Euro Interbank Offered Rate (EURIBOR). | Legal Update: archive | 28-Jun-2012 |
| 10 | FSA fines Barclays £59.5 million for significant failings relating ... The FSA has fined Barclays Bank plc £59.5 million for breaching Principles 2, 3 and 5 of the FSA's Principles for Businesses through misconduct relating to its submission of rates that formed part of the London Interbank Offered Rate (LIBOR) and Euro Interbank Offered Rate (EURIBOR) setting processes. | Legal Update: archive | 27-Jun-2012 |
| 11 | Equator Principles version 3 postponed to December 2012 The Equator Principles Association announced a new timetable for the launch of version 3 of the Equator Principles (EP), on 20 June 2012. | Legal Update: archive | 26-Jun-2012 |
| 12 | Next steps in BBA LIBOR review The British Bankers' Association has announced the next stage in the review of BBA LIBOR. | Legal Update: archive | 28-Mar-2012 |
| 13 | Equator Principles version 3 postponed to October 2012 The Equator Principles Association announced that it had extended its provisional timetable for reviewing and updating the Equator Principles (EPs), on 27 March 2012. | Legal Update: archive | 27-Mar-2012 |
| 14 | BBA to review LIBOR The British Bankers' Association is reviewing the process by which LIBOR is set. | Legal Update: archive | 07-Mar-2012 |
| 15 | LMA updated note on FATCA and the syndicated loan market The Loan Market Association (LMA) has published an updated note on how the US Foreign Account Tax Compliance Act is expected to affect the LMA primary market loan documentation. | Legal Update: archive | 07-Mar-2012 |
| 16 | IRS Issues Proposed Regulations on FATCA The IRS issued proposed regulations addressing withholding and information reporting requirements under the Foreign Account Tax Compliance Act (FATCA). | Legal Update: archive | 09-Feb-2012 |
| 17 | LMA publishes new primary documents and revised user ... The Loan Market Association has published four new versions of its primary documents (investment grade) that contain the drafting for a swingline facility. It has also published revised versions of its (investment grade) user guides. | Legal Update: archive | 24-Jan-2012 |
| 18 | LMA amends primary documents and user guides The Loan Market Association has published revised versions of its primary documents and user guides (investment grade). | Legal Update: archive | 29-Dec-2011 |
| 19 | Australian Consumer Credit developments in 2011 This article is part of the PLC Global Finance September 2011 e-mail update for Australia. | Legal Update: archive | 18-Oct-2011 |
| 20 | Further delay to commencement of Personal Property ... This article is part of the PLC Global Finance September 2011 e-mail update for Australia. | Legal Update: archive | 18-Oct-2011 |
| 21 | Nagoya's High Court clarifies duty of an arranger in a ... This article is part of the PLC Global Finance July 2011 e-mail update for Japan. | Legal Update: archive | 11-Aug-2011 |
| 22 | Australian new 'reasonableness' standards to apply to ... This article is part of the PLC Global Finance August 2011 e-mail update for Australia. | Legal Update: archive | 09-Aug-2011 |
| 23 | IRS Revises Guidance for Phased Implementation of FATCA An update on the IRS's revision of Notice 2011-53 to include withholdable payments to non-financial foreign entites in the phased implementation schedule for withholding under the Foreign Account Tax Compliance Act (FATCA) enacted as part of the Hiring Incentives to Restore Employment Act of 2010. | Legal Update: archive | 26-Jul-2011 |
| 24 | Equator Principles version 3: timetable announced The Equator Principles Association announced the timetable for publication of an updated version of the Equator Principles (EP) on 18 July 2011. | Legal Update: archive | 25-Jul-2011 |
| 25 | IRS Guidance Released for Phased Implementation of FATCA An update on the IRS's issuance of guidance providing for the phased implementation of withholding and certain reporting provisions of the Foreign Account Tax Compliance Act (FATCA) enacted as part of the Hiring Incentives to Restore Employment Act of 2010. | Legal Update: archive | 18-Jul-2011 |
| 26 | Revised FAQs on double tax treaty passport scheme HMRC updated its FAQs on the double tax treaty passport scheme on 7 July 2011. | Legal Update: archive | 12-Jul-2011 |
| 27 | Equator Principles Association announces strategic review ... The Equator Principles Association announced the conclusion of its strategic review process, that began in 2010, with the public release of the Equator Principles Strategic Review Report: Executive Summary and Appendix on 24 May 2011. | Legal Update: archive | 31-May-2011 |
| 28 | Loan participations: swaps under Dodd-Frank? New proposed refinements and interpretive guidance relating to rules defining key swap-related terms such as "swap" and "security-based swap" under the Dodd-Frank Act are likely to fail to exclude English law loan participations. | Legal Update: archive | 04-May-2011 |
| 29 | FATCA Guidance Released for Foreign Financial Institutions An update on the IRS's issuance of additional guidance for foreign financial institutions (FFIs) on implementing the Foreign Account Tax Compliance Act (FATCA) withholding and reporting provisions enacted as part of the Hiring Incentives to Restore Employment Act of 2010 (HIRE Act). | Legal Update: archive | 11-Apr-2011 |
| 30 | Revised LMA loan trading documents go live Amended versions of certain Loan Market Association loan trading documents are now live. | Legal Update: archive | 24-Mar-2011 |
| 31 | Brussels Regulation reforms: Commission publishes draft ... The European Commission has published its proposals for the reform of the Brussels Regulation. | Legal Update: archive | 15-Dec-2010 |
| 32 | G20 endorse Basel III and draft legislation expected March ... The G20 has endorsed Basel III and the European Commission has stated that it intends to publish draft implementing legislation in March 2011. | Legal Update: archive | 15-Nov-2010 |
| 33 | LMA publishes revised documents to cater for finance party ... An update on revised documents published by the Loan Market Association in June 2009, which incorporate provisions dealing with finance party default and market disruption. | Legal Update: archive | 01-Jul-2009 |
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| 1 | PLC Global Finance update for August 2011 Australia The Australia update for August 2011 for the PLC Global Finance multi-jurisdictional monthly e-mail. | Articles: other | 11-Aug-2011 |