Primary investment grade bond issuance surged in Q1 2024 as investors ramped up exposure to high-quality borrowers in a high interest rate environment. In the US, investment grade corporate borrowers secured US$429.7 billion...more
6/21/2024
/ Borrowers ,
Capital Markets ,
Corporate Governance ,
Debt Market ,
EU ,
Financial Services Industry ,
Interest Rates ,
Investment ,
Investors ,
Lenders ,
UK
In an effort to further facilitate your navigation through the complex landscape of digital securities, we have taken the initiative to translate an essential piece of German legislation – the Act on the Introduction of...more
6/17/2024
/ Cryptocurrency ,
Document Management ,
Electronic Filing ,
EU ,
Filing Requirements ,
Financial Institutions ,
Financial Regulatory Reform ,
Financial Services Industry ,
Registration Requirement ,
Regulatory Requirements ,
Required Documentation ,
Securities
In an effort to further facilitate your navigation through the complex landscape of digital securities, we have taken the initiative to translate an essential piece of German legislation – the Regulation on Requirements for...more
6/17/2024
/ Cryptocurrency ,
Document Management ,
Electronic Filing ,
Filing Requirements ,
Financial Institutions ,
Financial Regulatory Reform ,
Financial Services Industry ,
Registration Requirement ,
Regulatory Requirements ,
Required Documentation ,
Securities
On 29 June 2023, the Regulation (EU) 2023/1114 (the "MiCAR") entered into force. The MiCAR will apply from 30 December 2024, except for Titles III and IV, which will apply from 30 June 2024. The MiCAR introduces a new,...more
The German capital market needs to be modernized to remain efficient and competitive. Therefore, the German Government published a paper outlining a German Future Financing Act (Zukunftsfinanzierungsgesetz)1 on 29 June 2022,...more
As current blockchain technology faces accusations of inefficiency and unsustainability, a new technology is finding its way to counteract them.
Blockchain -
Crypto blockchains are a highly discussed topic. Blockchain is...more
While IPO activity was robust throughout Europe, the Nordic region stood out -
It was a blockbuster year for IPOs of European firms, following the global trend. In total, 476 European firms listed last year, excluding...more
Debt issuance linked to environmental, social and governance (ESG) metrics has accelerated at an unprecedented pace in 2021, as issuers move to position their credits to meet swelling investor demand for green and...more
The efficiency of the debt capital markets runs on a high degree of homogeneity and standardisation, which enables market participants to make time-sensitive and informed decisions based on a high degree of comparability...more
The law will make German financial markets more competitive, allowing issuers and investors to benefit from efficiencies and lower transaction costs.
A new German law introducing electronic securities is expected to take...more
A draft regulation reveals the contours of the legal framework for crypto-assets and blockchain technology for financial market infrastructure in the EU -
New legislative proposals on crypto-assets and DLT market...more
Growing investor appetite for financial products with a positive impact, coupled with a demand for recovery capital post-COVID-19, have lifted the market for social bonds....more
To meet the ambitious targets set by the UN 2030 Sustainable Development Goals (SDGs), the finance markets must be utilised to a much greater degree to enable sustainable projects and allow access to wider sources of capital....more
5/5/2020
/ Environmental Social & Governance (ESG) ,
EU ,
European Commission ,
European Securities and Markets Authority (ESMA) ,
Financial Markets ,
Green Bonds ,
Green Loans ,
Green Securities ,
Public Consultations ,
Sustainable Development Goals (SDGs) ,
Sustainable Finance ,
Taxonomy ,
Transparency ,
United Nations
The European Central Bank has launched a EUR 750 billion bond purchase programme designed to mitigate the enormous economic and financial risks to the Eurozone caused by the coronavirus pandemic. The creation of the "Pandemic...more
Schuldscheine, no longer exclusively German products, are gaining international popularity as issuers and financial institutions realise their efficiency, flexibility and propensity for innovation. In the face of uncertainty...more
The EU sustainable finance market has developed organically, guided by voluntary but universally accepted principles. According to recent research, climate change could cost up to 19 per cent. of Global GDP by the end of...more
6/5/2019
/ Alternative Investment Fund Managers Directive (AIFMD) ,
Benchmarks ,
Carbon Off-Set Credits ,
Climate Action Plan ,
Climate Change ,
Credit Ratings ,
Economic Action Plan ,
Environmental Social & Governance (ESG) ,
EU ,
European Commission ,
European Securities and Markets Authority (ESMA) ,
Green Bonds ,
Investment Adviser ,
Investment Management ,
MiFID II ,
Paris Agreement ,
Popular ,
Proposed Regulation ,
Structured Finance ,
Sustainable Finance ,
Taxonomy ,
UCITS ,
United Nations
After its entry into force on 20 July 2017, the new Prospectus Regulation ("PR3") will become fully applicable from 21 July 2019. It will replace the previous EU Directive 2003/71/EC (the "Prospectus Directive"). The change...more
4/5/2019
/ EU ,
EU Prospectus Regime ,
European Securities and Markets Authority (ESMA) ,
Investor Protection ,
National Competent Authorities (NCA) ,
New Rules ,
Prospectus ,
Prospectus Regulation (PR3) ,
Public Offerings ,
Publicly-Traded Companies ,
Risk Factors
With crypto-currencies on the rise and technological developments providing great opportunities in the financial services sector, Initial Coin Offerings ("ICO") provide an innovative way of raising capital. They are...more
2/1/2019
/ AMLD IV ,
Asset Tokens ,
BaFin ,
Bitcoin ,
Blockchain ,
Capital Markets ,
Capital Raising ,
Cryptocurrency ,
Distributed Ledger Technology (DLT) ,
Ether Tokens ,
EU ,
European Banking Authority (EBA) ,
European Securities and Markets Authority (ESMA) ,
European Supervisory Authorities (ESAs) ,
Financial Conduct Authority (FCA) ,
FINMA ,
France ,
Germany ,
Initial Coin Offering (ICOs) ,
Issuer Eligibility Criteria ,
MiFID II ,
Payment Tokens ,
Popular ,
Regulatory Requirements ,
Required Documentation ,
Sandbox ,
Securities ,
Securities Tokens ,
Small and Medium-Sized Enterprises (SMEs) ,
SMSG ,
Startups ,
Switzerland ,
UK ,
Utility Tokens