06/10/2021

Law firms: facing the pandemic head on

In the first few precarious months, law firms acted quickly to preserve cash, improving their debtor days, negotiating with banks and cutting partner distributions.

06/08/2021

Gefion Insurance A/S declared bankrupt

It operated in the UK on a freedom of services basis which means that some customers, both individual and small businesses, based in the UK have held policies with the firm.

06/08/2021

Esma publishes framework for CCP stress tests

The 2021 Stress Test addresses credit and concentration risks, and uses improved methodologies, including lessons learned from previous exercises, such as assessing the combination of concentration costs and credit losses when liquidating defaulting portf