Results 1-10 of 112
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...
27 May 2019
Clifford Chance and Abuhimed Alsheikh Alhagbani Law Firm in co-operation with Clifford Chance (AS&H) have advised Saudi Telecom Company (STC) in relation to the establishment of its US$5 billion sukuk programme and its debut international capital markets issuance...
16 May 2019
Clifford Chance has advised Majid Al Futtaim Holding LLC (Majid Al Futtaim) in relation to the issuance of US$600 million 10-year fixed rate trust certificates by MAF Sukuk Ltd. (the Certificates). The Certificates have been issued pursuant to MAF Sukuk Ltd.'s...
10 May 2019
Leading international law firm Clifford Chance has advised international energy services group Serba Dinamik Holdings Berhad (Serba Dinamik) on the international aspects of its US$300 million high yield sukuk offering, due 2022. The offering was issued by SD International...
Clifford Chance and Abuhimed Alsheikh Alhagbani Law Firm (AS&H) in co-operation with Clifford Chance advise the lenders to Saudi Electricity Company on its record SAR15.2 billion murabaha facility
10 March 2019
Clifford Chance and Abuhimed Alsheikh Alhagbani Law Firm (AS&H) in co-operation with Clifford Chance advised the National Commercial Bank, Al-Rajhi Banking & Investment Corporation, the Saudi British Bank, Banque Saudi Fransi, Samba Financial Group and Arab National...
31 January 2019
Technology continues to have an enormous impact on financial services and the pace of change shows no signs of abating. Following the bold predictions we made last year, we highlight the five stand-out trends for fintech in 2019.
22 November 2018
On 23 September 2018, the President of the United Arab Emirates promulgated Federal Law No. 14 of 2018 on the Central Bank and Organisation of Financial Institutions and Activities (the New UAE Banking Law). The New UAE Banking Law came into force on 30 September...
26 October 2018
The development of term benchmarks based on risk-free rates (RFRs) is an important aspect of the work to facilitate a successful transition from LIBOR, particularly for corporate lending and other cash products. This briefing considers how conventions used in Overnight...
19 October 2018
In July 2017, the Chief Executive of the Financial Conduct Authority (FCA), Andrew Bailey, signalled the beginning of the end for LIBOR as an interest rate benchmark. He said that, in spite of the various reforms introduced from 2012, the underlying market for...
17 October 2018
Before financial markets can be encouraged to move from using LIBOR (the London Interbank Offered Rate) or other interbank offered rates (IBORs) as reference rates in new financial contracts, there must be suitable alternatives in place. This briefing provides...