The international market for sustainable Islamic finance continues to grow and develop.
To help establish globally consistent standards, ICMA, IsDB and LSEG recently published practical guidance for issuers and other key...more
Vienna Stock Exchange -
In the latest issue of Dechert’s international capital markets team’s “In Conversation With…” series, partner Jennifer Rees and associate Kerenza Kerslake sit down with Matthias Szabo and Dimitrios...more
12/13/2023
/ Austria ,
Environmental Social & Governance (ESG) ,
EU ,
Eurobonds ,
Green Bonds ,
HMRC ,
International Capital Markets Association (ICMA) ,
Price Inflation ,
Private Equity Firms ,
Securities ,
Trading Platforms ,
UK
In December 2022, the Financial Conduct Authority (“FCA”) carried out a consultation on the introduction of a new regulatory gateway for firms who approve financial promotions. On 12 September 2023, the FCA published Policy...more
On 15 June 2023, The Insider Dealing (Securities and Regulated Markets) Order 2023 (the “2023 Order”) came into force. The 2023 Order seeks to align certain outdated aspects of the UK’s criminal insider dealing regime under...more
The UK Financial Conduct Authority (the “FCA”) on May 3, 2023, published consultation paper CP23/10 (the “Consultation Paper”), which sets out the FCA’s proposals to significantly reform the UK’s equity listing regime. The...more
In the latest issue of Dechert’s international capital markets team’s “In Conversation With…” series, partner Jennifer Rees and associate Nick Quarrie sit down with Arnaud Delestienne and Chiara Caprioli, director of...more
On 19 July 2022, HM Treasury published a report containing recommendations from its UK Secondary Capital Raising Review (the “SCRR Review”) (the “SCRR Report”). The SCRR Review examined how post-IPO capital raisings by...more
As we approach the end of 2022, the international debt capital markets continue to remain challenging due to the successive shocks of the COVID-19 pandemic and ongoing supply chain disruptions, the war in Ukraine and...more
10/21/2022
/ Capital Markets ,
Climate Change ,
Compliance ,
Default ,
Disclosure Requirements ,
Energy Sector ,
Environmental Social & Governance (ESG) ,
Foreign Currency ,
Guarantors ,
Insolvency ,
Interest Rates ,
Market Conditions ,
Price Inflation ,
Rating Agencies ,
Repurchases ,
Risk Mitigation ,
Securities ,
Terms and Conditions
On 22 February 2022, the UK Government-backed, independent, voluntary and business-led FTSE Women Leaders Review (the “FTSE Women Leaders Review”) published its first report aimed at achieving gender balance across FTSE 350...more
On 20 April 2022, the Financial Conduct Authority (the “FCA”) published its final policy statement PS22/3 ‘Diversity and inclusion on company boards and executive committees’. The policy statement outlines the feedback the...more
The Growing Trend of Gender Bonds in 2022 -
Sustainable investing has experienced significant growth in recent years due to a continued and increasing focus on environmental, social and governance (“ESG”) factors by...more
7/8/2022
/ Bonds ,
Capital Markets ,
Diversity and Inclusion Standards (D&I) ,
Environmental Social & Governance (ESG) ,
Financial Conduct Authority (FCA) ,
Financial Instruments ,
Gender Equity ,
International Capital Markets Association (ICMA) ,
Investment Opportunities ,
Social Justice Issues ,
Sustainable Finance
The need for one set of clear environmental, social and governance (“ESG”) guidelines remains an issue of increasing interest and importance for capital markets participants.
Sustainable bonds are one of the fastest...more
In this issue of Dechert’s International Capital Markets Team’s “In Conversation With...” series, associate Amy Rees and partner Patrick Lyons sit down with Maurizio Pastore, Head of Debt and Funds Listing at Euronext Dublin,...more
6/29/2022
/ Asset-Backed Securities ,
Capital Markets ,
Collateralized Loan Obligations ,
Coronavirus/COVID-19 ,
Debt Market ,
Environmental Social & Governance (ESG) ,
Euronext ,
Greenwashing ,
Infectious Diseases ,
Investment ,
Investment Opportunities ,
Popular ,
Sustainable Finance ,
Trading Platforms
On 26 May 2022, the Financial Conduct Authority (the “FCA”) published a discussion paper (DP22/2), setting out its response to feedback received to consultation paper 21/21: Primary Markets Effectiveness Review and seeking...more
With effect from 14 March 2022, a new model (the “New Model”) will apply for delivery versus payment (“DvP”) closings of syndicated bond issuances settling through Euroclear Bank SA/NV (“Euroclear”) and Clearstream Banking...more
Issuers of certain transferable securities listed in the UK should be aware of certain new regulatory requirements relating to the preparation and content of their financial statements....more
2/17/2022
/ Capital Markets ,
Corporate Issuers ,
Financial Conduct Authority (FCA) ,
Financial Statements ,
Listing Rules ,
Regulatory Reform ,
Regulatory Requirements ,
Securities Regulation ,
Securities Transactions ,
Task Force on Climate-related Financial Disclosures (TCFD) ,
UK
In the first issue of Dechert’s International Capital Markets Team’s “In Conversation With...” series, associates Amy Rees and Nick Quarrie sit down with Shrey Kohli, Director of Fixed Income and Funds at the London Stock...more
2/2/2022
/ Bonds ,
Capital Markets ,
Corporate Issuers ,
Debt Securities ,
Foreign Sovereigns ,
Listing Standards ,
London Stock Exchange ,
Popular ,
Prospectus ,
Sukuk ,
UK ,
UK Brexit
On 6 August 2021, the U.S. Securities and Exchange Commission (the “SEC”) approved The Nasdaq Stock Market LLC’s (“Nasdaq”) proposal to adopt listing rules 5605(f) and 5606 related to enhancing board diversity (the “Board...more
11/22/2021
/ Board of Directors ,
Corporate Governance ,
Disclosure Requirements ,
Diversity and Inclusion Standards (D&I) ,
LGBTQ ,
Listing Standards ,
Minorities ,
Nasdaq ,
Publicly-Traded Companies ,
Securities and Exchange Commission (SEC) ,
Woman Board Members
In line with its focus on transitioning to a sustainable global economy through scaling up the financing of investments that provide environmental and social benefits, on 16 November 2021 the International Capital Markets...more
The capital markets are in a state of unprecedented volatility, with major losses in equities reflecting fears about the impact of the COVID-19 coronavirus, as well as a result of the sharp slump in oil prices. Despite...more
The global capital markets are in a state of flux, with major sell offs in global stock markets due to fears about the impact of the COVID-19 coronavirus, as well as a result of the slump in oil prices. In these precarious...more
In November 2007, the European Investment Bank set the blueprint for sustainable investment with the issuance of the world’s first green bond. Since then, interest in green finance, and in particular, green bonds, has...more
2/13/2020
/ Africa ,
ASEAN Funds ,
EU ,
European Commission ,
Global Economy ,
Green Bonds ,
Green Finance ,
International Capital Markets Association (ICMA) ,
Investment Funds ,
London Stock Exchange ,
Luxembourg Stock Exchange ,
Middle East ,
Nigerian Stock Exchange ,
Sukuk ,
Sustainability ,
Sustainable Finance ,
Taxonomy
Following the high profile direct listings by Spotify in 2018 and Slack in 2019, direct listings have been an area of increased focus in recent years, with both the New York Stock Exchange (NYSE) and Nasdaq seeking rule...more
In November 2019, Euronext announced the launch of its Euronext Green Bonds Offering across its six regulated markets in Amsterdam, Brussels, Dublin, Lisbon, Oslo and Paris. The Green Bonds Offering was the first product...more
2/11/2020
/ Applications ,
Eligibility ,
EU ,
Euronext ,
Green Bonds ,
Innovation ,
Investment Opportunities ,
London Stock Exchange ,
Luxembourg Stock Exchange ,
Offerings ,
Stock Exchange ,
Sustainable Finance
On 21 July 2019, the remaining provisions of the EU Prospectus Regulation came into force. Since this date, prospectuses for offers of securities to the public or admission to a regulated market in the EU have been required...more
2/10/2020
/ Alternate Performance Measures (APMs) ,
Capital Markets ,
EBITDA ,
EU ,
EU Prospectus Regime ,
European Economic Area (EEA) ,
European Securities and Markets Authority (ESMA) ,
Final Report ,
International Capital Markets Association (ICMA) ,
Public Offerings ,
Risk Factors ,
Technical Standards ,
UK