Articles in Financial Services

Atiq Anjarwalla interviewed by Arabian Business: Why Africa is the world’s last frontier market

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Six of the top 10 fastest growing economies in 2018 are African countries. In comparison to other emerging markets, Africa has historically been regarded as a high-risk environment for trade and investment, and the continent has experienced an economic slowdown as slumping oil prices hit the global economy. This combined with increasing debt is potentially discouraging investment. However, for forward-looking Read More

Blockchain technology and cryptocurrencies: regulatory framework in the UAE

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The terms “Blockchain” or “Bitcoin” were alien to the general public in the United Arab Emirates (UAE) when Satoshi Nakamoto began the Bitcoin phenomenon in 2008. However, today with one of the world’s first cryptocurrency deep “cold storage” companies operating in Dubai, it is clear that tides have shifted. In a bid to become a pioneer in blockchain technology, the Read More

Whose Money Is It? Succession Planning For Joint Bank Account Holders

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It is common for individuals to open a joint bank account simply for the convenience of having multiple signatories in respect of the bank account and not necessarily for the reason of giving all the account older(s) a beneficial interest, equal or otherwise, in the funds held in the bank account. Although this approach may appear to be a convenient Read More

Sale and Leaseback Transactions: Why, When, How

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A ‘sale-and-leaseback’ transaction or a ‘leaseback’ transaction is an alternative source of financing which could be explored by companies which own real estate assets and require the continued use of these assets for operating their businesses. It is also attractive on the buyside for long term investors. With the rise of real estate investment trusts (REITs) and other institutional real Read More

AN OVERVIEW OF DIFFERENT WAYS TO INVEST IN SPAIN

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Spain is the 10th largest economy in the world by GPD. Since the financial crisis of 2008, it has become one of Europe’s fastest growing economies. As economy recovery continues to grow over time, international investor have taken a renewed interest in the country. Recognized financial advisory firms highlight the solvency, competitiveness and growth potential of Spain as reasons to Read More

Opinion: Managing lender expectations in cross-border transactions

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The scope of legal opinions requested by foreign lenders in our cross-border practice has expanded in recent years, particularly in deals with Canadian lenders. Contrary to U.S. norms, foreign lenders are requiring that their own counsel provide opinions typically rendered by debtor’s counsel and, with growing frequency, requesting additional opinions that might seem uncommon to U.S. practitioners. Pushing boundaries In Read More

Acquiring Australian financial services entities

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Australia has a complex regulatory system for financial services entities such as insurance companies, superannuation funds and other financial services providers. This article provides a high level summary of the main issues with purchasing financial services entities other than banks.     Click here to read full article. Read More