General counsel working in China’s financial sector have endured a particularly challenging period of late. On the one hand, regulation and innovation continue to intensify; on the other hand, new concepts such as ESG and green financing also require legal departments to employ new ideas to support the research and development of financial products. On top of that, in times of uncertainty, financial institutions are increasingly looking to their GCs to play a strategic leadership role. GCs in China’s financial sector discuss how these trends are impacting their work, and what they expect the future to bring.
General counsel working in China’s financial sector have endured a particularly challenging period of late. On the one hand, regulation and innovation continue to intensify; on the other hand, new concepts such as ESG and green financing also require legal departments to employ new ideas to support the research and development of financial products. On top of that, in times of uncertainty, financial institutions are increasingly looking to their GCs to play a strategic leadership role. GCs in China’s financial sector discuss how these trends are impacting their work, and what they expect the future to bring.
Steigt der Meeresspiegel, steigen auch die Liquiditätsrisiken im Firmengeschäft finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
michael stockman was brought in somewhat diminished role but he eventually raised similar concerns investigators say. in his prepared statement this morning roseman testified and i quote, late october 2011 shortly before global global collapse i recall mf global s european sovereign debt positions with were approaching 3.4 to 5 billion dollars. at think point he testified not only concerned about the capital risk but given the size i was concerned with the liquidity risks. he had added i discussedkers about the positions however the risk scenarios i presented were challenged as being implausible. under the investment microscope the rates agency moody s. it was their decision to downgrade mf global to junk bond status a week before the firm filed for bankruptcy that set in motion investigators described as a classic run on the bank and sealed the firm s fate. however lawmakers will press a top moody s officer why