Despite some counter-revolutionary forces, especially in the US, it seems likely that environmental, social and governance (ESG) concerns will continue to be increasingly significant factors in the structuring and execution of derivative transactions. We have covered the growth of the…

Financial products that provide structured returns (exposure to a range of asset classes while attempting to mitigate credit or other risks) such as separately managed accounts, actively managed certificates and related products, are becoming increasingly popular. These products may be…

Effectively delivering notices under commercial contracts is not as straight-forward as it maybe ought to be, with different contracts requiring different methods of delivery, different content and different timelines. Often these boiler-plate provisions are not treated with the same vigour…

The underlying rationale for emissions trading is that derivatives could save the planet or, at the least, could be an influence for good.

Emissions trading is an asset class which is purely a creature of regulation, and that leads to…

Whether to address funding diversification objectives, liquidity management plans, risk-based capital concerns, or other goals, many issuers consider establishing repackaging programs. These programs can take many forms but generally raise a number of structuring and legal considerations that should be…

In the midst of multiple NAIC initiatives aimed at radically changing the regulatory treatment of insurer investments, the chair of the NAIC’s Financial Condition (E) Committee released a strongly-worded memo on August 3 which looks to be a game-changer that…

Today, Friday 30 June 2023, is a momentous day in financial markets, being the last day on which rates based on the London Interbank Offered Rates (LIBORs) will be published. LIBOR is a key reference rate that has underpinned hundreds…