The Prudential Authority of South Africa (the "Prudential Authority") published Draft Prudential Standard RA03 entitled "Flac Instrument Requirements for Designated Institutions" (the "Draft Flac Standard") in December 2023...more
9/3/2024
/ Bail-In Provisions ,
Bank Holding Company ,
Banking Regulators ,
Banks ,
Contract Terms ,
Creditors ,
Eligibility ,
Financial Institutions ,
Hybrid Capital Instruments ,
Insolvency ,
Jurisdiction ,
Liability ,
Liquidation ,
South Africa
A peaceful election and slowing inflation have put M&A markets in South Africa in a more advantageous position. However, taking advantage of South African deal opportunities requires a clear understanding of a rapidly...more
8/22/2024
/ Acquisitions ,
EU ,
FATF ,
Global Dealmaking ,
Interest Rates ,
Libor ,
Mergers ,
Regulatory Agenda ,
Sanctions ,
Secured Overnight Funding Rate (SOFR) ,
South Africa ,
Sterling Overnight Index Average (SONIA) ,
Strategic Planning ,
Takeovers ,
UK
European leveraged finance in 2023 was saddled with the negative effects of elevated interest rates. But as the market adjusts to the “new normal”, rate and price stability offer hope for a brighter 2024.
-Rising interest...more
1/30/2024
/ Acquisitions ,
Banking Sector ,
Buyouts ,
Debt ,
Debt Market ,
EU ,
Financial Institutions ,
Interest Rates ,
Investment ,
Leveraged Finance ,
Loans ,
Mergers ,
Private Equity ,
Refinancing
On 13 December 2022, the South African Supreme Court of Appeal ("SCA") delivered its judgment in Constantia Insurance Company Limited v The Master of the High Court, Johannesburg and Others (512/2021) [2022] ZASCA 179...more
Last year was a challenging one for M&A in Africa, with both deal value and volume dropping to their lowest figures on record. Yet 2021 has shown signs of a resurgence, with H1’s total of 87 deals marking a 15% increase...more
9/13/2021
/ Acquisitions ,
Africa ,
Energy Sector ,
Foreign Investment ,
Global Dealmaking ,
Mergers ,
Mining ,
Nigeria ,
Oil & Gas ,
South Africa ,
Zambia