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Does The (Old) Lady (Of Threadneedle Street) Protect Too Much? The Bank Of England Recalibrates Its Approach To Systemic Stablecoins, But Concerns Remain
The Bank of England has recalibrated its regulatory approach to systemic stablecoins, softening some controversial proposals on holding limits and asset composition requirements. While the institution demonstrates laudable engagement and offers critical services like central bank accounts, fundamental concerns remain about whether this regime will truly enable a vibrant GBP stablecoin market to emerge.
United Kingdom Finance
TS
Travers Smith LLP
Article
Marine Casualties, Investigations And Liabilities In Malta: AIJA TLLC Cross-border Questionnaire
Malta's comprehensive maritime legal framework governs marine casualties through domestic legislation and international conventions, establishing clear protocols for investigations, liability determinations, and wreck removal. Understanding the interplay between the Merchant Shipping Act, international conventions like SOLAS and the Nairobi Wreck Removal Convention, and Malta's unique position as a major flag state is essential for shipowners, P&I clubs, and maritime practitioners navigating casualty respon
Malta Transport
GA
Ganado Advocates
Article
Proposed Changes to the Luxembourg Securitization Regime: Increased Flexibility and New Opportunities
A proposed bill of law seeks to modernize Luxembourg's securitization framework by expanding financing options beyond traditional instruments, introducing cross-compartment investment mechanisms, and extending active portfolio management capabilities to include equity positions. The reforms aim to enhance legal certainty around asset ring-fencing in insolvency scenarios while aligning the regime with contemporary market practices, particularly for Islamic finance structures and multi-compartment vehicles.
Luxembourg Finance
D
Dechert
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