Herbert Smith Freehills LLP
As one of the world's leading law firms, we advise many of the biggest and most ambitious organisations across all major regions of the globe. Our clients trust us with their most important transactions, disputes and projects because of our ability to cut through complexity and mitigate risk.
We can help you thrive in the global economy. With 2,800 lawyers in offices spanning Asia, Australia, Europe, the Middle East and the US, we can deliver whatever expertise you need, wherever you need it.
Because technical ability alone is not enough, we seek to build exceptional working relationships with our clients. By doing so, we are able to develop a deeper understanding of our clients' businesses, provide commercially astute, innovative advice and create better business outcomes for our clients.
All content by Herbert Smith Freehills LLP
European Parliament withdraws objection to EMIR technical standards
The EC recently withdrew its objection to legislation adopted by the European Commission for technical standards on OTC derivatives, central counterparties and trade depositories. The reasons for the objections, how the compromise was agreed and what this means for the finance industry is reviewed.
Framework legislation on ring-fencing and depositor preference published
The draft Financial Services (Banking Reform) Bill published recently. It is the first legislative step toward implementing recommendations of the Independent Commission on Banking. This white paper reviews the Bill, updates on the status of other ICB recommendations and looks at next steps.
EMIR nears the finish line
EMIR came into force on 16 August 2012. While most obligations under EMIR do not take effect until 2013, market participants should be increasingly focused on its impact on their businesses. Under discussion is the soon-to-be finalised detailed standards which cover how EMIR will work in practice.
Potential Eurozone break-up: some questions and answers
In this white paper, Herbert Smith considers some of the issues which would arise if a Member State were to decide to leave the Eurozone (or, indeed, be expelled). There are a number of potential methods by which a Member State could leave the Eurozone, with different consequences.
The Independent Commission on Banking Final Report
Following on from its Interim Report published in April 2011, the Independent Commission on Banking (Commission) published its Final Report, setting out its recommendations on reforms to promote stability and competition in UK banking. This white paper discusses the findings of the Report.
A legal guide to investing in France
This white paper from Herbert Smith gives an overview of France’s legal environment in the key areas that matter most to foreign investors. France remains today one of the most attractive countries in the world for investors.