Bringing about increased efficiencies and standardisation
Developing markets offer great opportunities as global dynamics shift, demand for their resources increases and new technologies evolve. At the LMA, we seek to bring about increased efficiencies and standardisation in developing markets, whilst educating our members about the opportunities and challenges they may face when operating in these regions.
Information on: the LMA's syndicated loans conference; a shocking high court ruling in Uganda; new LMA documentation in regard to LIBOR transition; relevant recent cases; the Documentation Automation Project; podcast on the implications of Covid-19 on DM jurisdictions and other key trends and challenges; webinars, spotlights, snapshots; as well as key legal and regulatory news, briefings and market insights.
On 7 October 2020, the High Court of Uganda shocked the banking and financial services industry in its ruling. Andrew Kibaya and Hellen Nakiryowa, Banking and Finance Partners at Shonubi Musoke & Co., and Brian Alade Shonubi, Consultant at Covington & Burling (Pty) Ltd, consider this recent ruling and its wide-scale impact in their article High Court shocks financial sector, written for the LMA and its members.
On 23 September 2020, the Equator Principles Association (EPA) published four guidance notes and an updated implementation note to support implementation of the updated Equator Principles 4 (EP4). These guidance notes lay out a number of requirements and include modules on scope, climate changes, designated countries and applicable standards and reporting.
Snapshot on outlook for the developing markets
Nick Tostivin and Bevis Metcalfe, Partners - Baker McKenzie