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There had been much disquiet over the impact on managed CLOs of the "skin in the game" requirements. However, as arbitrage economics and investor sentiment become more favourable for European CLO issuance, structures were coming to market which sought...

On 15 March 2013 several key technical standards came into force, setting in motion the implementation timetable for the derivatives reforms under the EU regulation on OTC derivatives, central counterparties and trade repositories (EMIR). As a result some of...

Since its submission to parliament, spring 2011, the proposal revising the Dutch Housing Act (Woningwet) to enhance the supervision of housing corporations (Herzieningswet toegelaten instellingen volkshuisvesting) has received ever increasing attention of Dutch...

The EU regulation on OTC derivatives, central counterparties and trade repositories is one of the hottest post-crisis reforms. It will fundamentally change derivatives trading in many ways. It also not only targets regulated financial institutions, but corporates...

The European Parliament has removed the last obstacle to the EU derivatives reforms, setting in motion an implementation timetable beginning in mid-March 2013. On 7 February, the proposers withdrew the motion for the European Parliament to object to two regulatory...

New Dutch rules prohibiting certain financial institutions from investing in companies that produce, sell or distribute cluster munition have entered into force on 1 January 2013. The prohibition applies to Dutch financial institutions that are banks, fund managers,...

Recently the Bankruptcy Trustees of Lehman Brothers Treasury Co. BV published the 14th public report in the bankruptcy of LBT. The key messages are that:  The Composition Plan has been published  The Filing and Voting Instructions have been published ...

On 1 October 2012, the Bankruptcy Trustees of Lehman Brothers Treasury Co. BV published the 13th public report in the bankruptcy of LBT. The key messages are that: A Manifest Error Bar Date has been set. LBT received a distribution from LBHI of over...

The European Union (EU) agenda for regulatory reform in the financial sector continues to take shape. The EU has played a leading role in the development of the G20's action plan to respond to the financial crisis and many of the actions being taken aim to...

The Eurozone crisis continues to dominate the global economic landscape. What once was unthinkable – a discussion about the possibility of a Eurozone member departing from the currency union – has now been touched on publicly by leaders of European...