The private placement of debt securities, compared to the more common public issuances, has grown in popularity in recent years, particularly in emerging markets such as those in the Middle East. Whilst there is little...more
Welcome to the Spring 2018 issue of measure, King & Spalding’s Middle East periodic newsletter. Following a host of legal developments in the region over recent months, we look at the following in this issue:
..Noting that...more
Background -
Against the backdrop of the increasing prominence of cryptocurrencies globally, initial coin offerings or ICOs are becoming commensurately popular as a capital raising method. ICOs, essentially a method of...more
Introduction -
17 C.F.R. Part 246, adopted jointly by the United States Securities and Exchange Commission (the “SEC”) and other federal agencies in October of 2014 (the “U.S. Risk Retention Rule”) was adopted in response...more
Background -
On 21 December 2016, the Capital Market Authority of Saudi Arabia (the CMA) approved the Parallel Market Listing Rules (the Rules), thereby establishing the Parallel Market, an alternative market to the Main...more
Brexit – Impact on Middle Eastern Issuers -
Whilst the precise legal and regulatory impact that the UK’s recent decision to leave the European Union (EU), dubbed Brexit, will have on the corporate finance market will...more
8/29/2016
/ Capital Markets ,
Capital Markets Act (CMA) ,
EU ,
EU Passport ,
Member State ,
Middle East ,
Private Equity ,
Procurement Guidelines ,
Public Private Partnerships (P3s) ,
Referendums ,
Saudi Arabia ,
Securitization ,
Special Purpose Entities ,
Sukuk ,
UK ,
UK Brexit
Many companies and other entities in the Middle East tap the UK and/or European debt and equity capital markets as part of achieving their corporate funding and broader strategic objectives. Whilst the precise legal and...more
7/11/2016
/ Bonds ,
Capital Markets ,
Choice-of-Law ,
Default ,
EU ,
EU Passport ,
European Economic Area (EEA) ,
Foreign Issuers ,
Jurisdiction ,
Member State ,
Middle East ,
Popular ,
Prospectus ,
Sukuk ,
UK ,
UK Brexit