Latest updates

COVID-19 Weekly Report (11-17 May 2020)
International Law Office
  • International
  • 18 May 2020

The impact of COVID-19 is being felt in almost every work area across the globe. In order to keep readers abreast of this evolving situation, ILO's COVID-19 Weekly Report provides insight into the major legal developments of the past seven days, as well as a round-up of our panel of experienced international legal commentators' legislative and regulatory guidance.

COVID-19 Weekly Report (20-26 April 2020)
International Law Office
  • International
  • 27 April 2020

The impact of COVID-19 is being felt in almost every work area across the globe. In order to keep readers abreast of this evolving situation, ILO's COVID-19 Weekly Report provides insight into the major legal developments of the past seven days, as well as a round-up of our panel of experienced international legal commentators' legislative and regulatory guidance.

COVID-19 Weekly Report (30 March-5 April 2020)
International Law Office
  • International
  • 07 April 2020

The impact of COVID-19 is being felt in almost every work area across the globe. In order to keep readers abreast of this evolving situation, ILO's COVID-19 Weekly Report provides insight into the major legal developments of the past seven days, as well as a round-up of our panel of expert international legal commentators' legislative and regulatory guidance.

Financial institutions and blockchain technology
  • International
  • 03 June 2016

Over the past few years, the potential to use distributed ledgers and blockchain technology has seen increasing interest from banks and other financial institutions. However, as companies move from research and development to initial deployment, two of the key questions are: what are the legal and regulatory implications, and what approach will regulators across the globe take to its use in the banking industry?

Basel Committee issues principles for enhancing corporate governance
  • International
  • 05 November 2010

The Basel Committee on Banking Supervision recently issued a final set of Principles for Enhancing Corporate Governance in the banking sector. Since the adoption of the 2006 principles, there have been a number of corporate governance failures and lapses, many of which became apparent during the financial crisis that began in 2007; the revised principles are intended to deal with these issues.

Basel 3: higher capital requirements, liquidity rules and transitional arrangements
  • International
  • 17 September 2010

The oversight body of the Basel Committee has endorsed the Basel 3 capital and liquidity reform package, announcing new levels for capital ratios. Despite generous transition arrangements, banks must consider the impact of the new quality of capital rules on their current capital base, as well as the increase in capital that certain assets, such as repos and derivatives, will require.

Effective Resolution Strategies for Letter of Credit Disputes
  • International
  • 03 October 2008

If a letter of credit dispute is dealt with properly, the negotiating banks or exporters may recover not only the letter of credit proceeds, but also late payment interest and their costs without resorting to legal proceedings. The success of such claims depends largely on an effective strategy, a good understanding of business dynamics and effective negotiation with the issuing banks.

Donna M Parisi
Shearman & Sterling LLP
  • New York NY
  • USA
Azam H Aziz
Shearman & Sterling LLP
  • New York NY
  • USA
Alan Bainbridge
Norton Rose Fulbright LLP
  • London
  • United Kingdom
Kathleen A Scott
Norton Rose Fulbright LLP
  • New York NY
  • USA
Geoffrey B Goldman
Shearman & Sterling LLP
  • New York NY
  • USA
Patrick McGauley
International Law Office
  • London
  • United Kingdom
Imogen Garner
Norton Rose Fulbright LLP
  • London
  • United Kingdom
Victoria Birch
Norton Rose Fulbright LLP
  • London
  • United Kingdom