Results 1-10 of 45
6 October 2011
FATCA potentially imposes US withholding tax on, among other things, interest and principal paid by all US issuers and by non-US issuers that are "financial institutions". While the withholding is currently scheduled to be phased in over 2014 and 2015,...
10 October 2011
ESMA's technical advice to the European Commission dated 4 October 2011 on, among other things, final terms and summaries could lead to significant changes to capital markets documentation. If adopted by the Commission, proposals would include longer summaries...
26 October 2011
As the high yield market stalls, a flexible and creative approach is increasingly important to access liquidity. Clifford Chance experts tell journalist Brian Thompson the challenges facing high yield and leveraged loan markets, and the key issues ahead.
29 July 2011
EEA member states have until 1 July 2012 to implement Directive 2010/73/EU (the Directive amending the Prospectus and Transparency Directives), but some member states are choosing to implement certain provisions in advance of the deadline. Some of the changes take...
26 September 2011
Currently, in order to be eligible as collateral for Eurosystem monetary policy operations, securities issued by credit institutions have to be admitted to trading on a regulated market in the EEA. From 1 January 2012, this will be expanded to include securities...
2 April 2012
Limitación de la deducibilidad de gastos financieros. Eliminación del incentivo de libertad de amortización para grandes empresas. Exención parcial en la transmisión de participaciones de entidades...
3 April 2012
Limitation of the deductibility of financial expenses. Abolition of the free depreciation incentive for large companies. Partial exemption regarding the transfer of stakes held by nonresident entities. Limitation on...
17 May 2012
While economic growth depends on the ability of companies to access finance, banks face new regulations that threaten to constrain lending. How to square this circle is a conundrum facing the UK Government. The challenge of raising capital for the real economy...
29 May 2012
We are pleased to provide you with the latest edition of our Luxembourg Legal Update. The newsletter provides a compact summary and guidance on the new legal issues which may impact your business, particularly in relation to banking, finance, capital markets,...
30 May 2012
How are current events in the Eurozone affecting the international financial markets? What are the likely outcomes ahead and how can market participants prepare for them? Clifford Chance partners from the firm’s sovereign debt rescheduling, regulatory and...