Results 1-10 of 1513
19 July 2019
On 21 July 2019, the EU Prospectus Regulation (Regulation (EU) 2017/1129, commonly known as "PD3") began to apply in full, replacing the previous regime under the EU Prospectus Directive (Directive 2003/71/EC, known in its most recent version as "PD2")....
12 July 2019
The French "loi Pacte", enacted in May 2019, introduced a comprehensive new regulatory framework for digital assets in France reflecting the strong support of the French regulators and government for innovation through the creation of legal regimes for...
8 July 2019
A cross-border Clifford Chance team advised Watford Holdings Ltd. ("Watford") on its offering of $175.0 million aggregate principal amount of 6.50% senior unsecured notes due 2029, offered pursuant to Rule 144A and Regulation S under the Securities Act of 1933....
28 June 2019
The recently published Technical Expert Group on Sustainable Finance (TEG) reports and EU Commission Guidelines elaborate the next phase in the implementation of the EU’s Sustainable Finance Action Plan. On 18 June 2019 TEG published its final technical...
The Prospectus Regulation and Debt Prospectuses: A PD3 Primer - Levels 1, 2 and 3 (and other measures)
26 June 2019
This briefing on PD3 measures highlights the key features of Levels 1, 2 and 3, particularly in relation to debt.
Clifford Chance and AS&H Law Firm advise on the IPO of Arabian Centres Company – the first Rule 144A IPO in Saudi Arabia
25 June 2019
International law firm Clifford Chance and its cooperation firm in Saudi Arabia Abuhimed Alsheikh Alhagbani Law Firm (AS&H) advised the syndicate of international, local and regional bookrunners and financial advisors on the successful completion of the initial...
Clifford Chance advises Huatai Securities on its historic London GDR listing under the new Shanghai-London Stock Connect scheme
20 June 2019
Leading international law firm Clifford Chance has acted as English, US and Hong Kong legal counsel to Huatai Securities, a leading technology-enabled securities group in China, on its historic offering and listing of global depositary receipts (GDRs) representing...
14 June 2019
Leading international law firm Clifford Chance continues to advise on the most significant Hong Kong initial public offerings, with a cross-border team in Hong Kong, Beijing and Shanghai advising on two recent listings on the Hong Kong Stock Exchange.
IBOR fallbacks for derivatives – ISDA's supplemental consultation on term and spread adjustments for floating rates and its consultation on pre-cessation issues
13 June 2019
ISDA has released two further consultations on benchmark fallbacks. One consultation covers spread and term adjustments for US dollar LIBOR, Canada's CDOR and Hong Kong's HIBOR. The second consultation seeks input on how derivatives contracts should address...
4 June 2019
The last year has seen an extraordinary level of change and turbulence in the securitisation markets. The biggest source of that change and turbulence was not – as many had feared – Brexit. While the political situation in the UK remains hugely changeable...