03/23/2016

Mandatory "bail-in" clauses for foreign law documents - Harneys

With effect from 1 January 2016 all foreign (non-EU) finance documents entered into with regulated financial institutions within the EU will need to contain a mandatory “bail-in” clause with respect to any liabilities of the financial institut

03/21/2016

Asset managers cheer rejection of EU bond rules

It asked the European Securities and Markets Authority to revisit its proposed rules on displaying bond prices, which the fund industry had previously warned would have a “seismic” impact on fixed income liquidity.