The drive to achieve a carbon-neutral future is accelerating. Through the 2015 Paris Climate Agreement, nations committed to curbing climate change by limiting global temperature increases to no more than 2°C above...more
10/8/2024
/ Capital Investments ,
Carbon Capture and Sequestration ,
Carbon Emissions ,
Climate Change ,
Electric Vehicles ,
Emissions Trading System ,
Environmental Protection Agency (EPA) ,
EU ,
Financial Institutions ,
Inflation Reduction Act (IRA) ,
Net Zero ,
Paris Agreement ,
Regulatory Agenda
The 60th sessions of the United Nations Framework Convention on Climate Change Subsidiary Body for Implementation and Subsidiary Body for Scientific and Technological Advice from 3 to 13 June 2024 in Bonn, Germany (the "Bonn...more
1. Repos in the Islamic market -
In our article titled "Repos in Islamic Finance"1 we concluded that Shari'ah-compliant repurchase transactions ("Repos") could play a useful role as a liquidity management instrument to...more
9/15/2023
/ Capital Markets ,
Collateral ,
Collateralization ,
Financial Institutions ,
Financial Services Industry ,
Global Market ,
Libor ,
Liquidity ,
Liquidity Risk Management Rule ,
Middle East ,
Repurchases ,
UK ,
United Arab Emirates (UAE)
The hard deadline for stopping new use of USD LIBOR following 31 December 2021 is rapidly approaching. Latest market practice as at end November 2021 suggests that some loan market participants are (at last) now contracting...more
On 5 March 2021, the Financial Conduct Authority ("FCA") announced (the "FCA Announcement") the future cessation or loss of representativeness for all 35 LIBOR settings currently published by ICE Benchmark Administration...more