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What is the importance of Section 953(b) of the Dodd-Frank Act to investors and boards of directors?
On 6 February 2017, the US Securities and Exchange Commission (SEC) delayed compliance with section 953 (b) of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank)[1] for companies until their first year beginning on or after..
Online Published Date:
10 December 2018
Appeared in issue:
21.08 - 01 October 2018
Financial deregulation under President Trump
At the core of US President Donald Trump’s economic agenda is tax reform, deregulation and a shift away from multilateral to bilateral trade agreements. President Trump’s deregulation of the financial sector has been largely achieved by the passing..
Online Published Date:
10 December 2018
Appeared in issue:
21.08 - 01 October 2018
Assignment of proceeds and transfer in letters of credit, bank payment obligations and demand guarantees
Independent payment obligations, including letters of credit (LCs), bank payment obligations (BPOs) and demand guarantees (DGs) have made a tremendously useful contribution to world trade through their unique features including a documentary or..
Online Published Date:
10 December 2018
Appeared in issue:
21.08 - 01 October 2018