Debt Instruments in UK Law
-
Securitisation, Money Laundering and Fraud
Securitisation is the process of raising finance by the issuing of bonds or commercial paper. In many cases the originator of the arrangement will, in return, be selling a package of existing loan ...... ... return, be selling a package of existing loan assets in the form of debt instruments. The first of these arrangements is known as 'primary ... ...
-
Governance and optimal financing for asset‐backed securitization
Asset‐backed securitization (ABS) is an interesting financial innovation whereby debt instruments backed by cash flows generated from income‐producing assets are issued for investment purposes in t...... ... and composition,legal protections and external market control via debt issuance. The agency problemsarising from the separations of the ... , ABS isreferred to a contractual arrangement whereby debt instruments backed by the cashflows generated from real estate assets are securitized ... ...
-
Is the third Greek Memoranda of Understanding and Loan Agreement of August 2015 odious?. Truth Committee on Public Debt in Greek or Hellenic Parliament and criticism on results
Purpose: The purpose of this study is to examine the odious debt concept in Greece. In Greece, the odious debt concept received high attention during recent financial crisis and Greek or Hellenic P...
-
On the Perils of Structured Loans Financing in France and Italy
The restructuring process of sovereign debt is not yet managed under common global rules; public debt stabilisation is an explicit policy goal in the EU, but cannot be achieved if local public auth...... ... “ La T uscia ” Abstract The restructuring process of sovereign debt is not yet managed under common global rules; public debt stabilisation is ... authori- ties extensively underwrote complex fi nancial instruments, such as over the counter (OTC) interest rate and exchange rate ... ...
-
DEVELOPMENTS IN EC AND INTERNATIONAL CAPITAL ADEQUACY REGULATIONS
The paper analyses the current two main initiatives in capital adequacy regulation for banks: the EC Capital Adequacy Directive (CAD) and the Basle Committee on Banking Supervision market risk prop...... ... following rules: - capital charges for the market risks arising from debt, equity and related derivatives activities in an institution's 'trading ... book is essentially comprised of positions in 'financial instruments' which are held for trading purposes. Financial instruments would include ... ...
-
Employee buy‐outs and privatization: Issues and implications for LDCs and post‐communist countries of UK experience
Privatization has become an international phenomenon. Most attention has been devoted to privatization by stock market flotation or by sales to third parties. Management and employee buy‐outs prese...... ... institutional investors and various types of financing instruments; indigenous ownership, decentralized privatization; greater ... of their applicability; the potentially restrictive effects of debt and debt-like finance; the need to deal with investment ... ...
-
Why are we rating? Standard & poor's recent downgrade of the US has put the power and methods of credit rating agencies into sharp focus. How do they work? To whom are they accountable? And how can your company manage its relationship with them effectively?
... ... agency is to gauge the creditworthiness of organisations issuing debt instruments - such as corporate and government bonds - so that investors, ... ...
-
Factors affecting speed of adjustment under different economic conditions. Dynamic capital structure sensitivity analysis
Purpose: – This study aims to examine the existence of capital structure dynamics and speed of adjustment during different economic periods. This study adds to the existing body of literature by in...... ... the factors inuencing adjustment process toward target debt in developing economies.Design/methodology/approach – By employing ... analysis alongwith Sargan test validate the health of instruments and values.Keywords Speed of adjustment, Dynamic capital structure, ... ...
-
A Model for a Fiscal Union? What Europe Can Learn from the German Experience
The euro has strengthened the economic differences between a more affluent north and a struggling south, which is the core problem of the current crisis in the euro zone. A potential solution to th...... ... In consequence Germany has introduced a debt brake that does not allow expenditures to be structurally higher than ... Union will still have to rely on market-based regulatory instruments and the disciplinary function of inter- est rates, possibly culminating in ... ...
-
Where there's blame, there's a claim: as more and more firms get crunched, the legal system will have its work cut out when creditors start fighting for their share of the scraps and pursuing negligence cases.
... ... Debt instruments such as collaterised debt obligations and structured ... ...
See all results