Worldwide: Finance and Banking

The US and European markets for collateralized loan obligation securities (CLOs) in 2025 carried the momentum of a robust 2024 through headwinds from tariff announcements...

Investment fund managers face significant challenges during annual audits, from organizing extensive documentation to navigating GAAP compliance requirements. Understanding how strategic audit preparation can reduce costs, minimize disruptions, and streamline the entire audit process is essential for funds of all sizes.

This digest curates key developments in commercial real estate finance, covering ABL and factoring performance, CMBS issuance trends, multifamily investment rankings, and market volatility impacts. Industry professionals will find analysis of prepayment mechanics, appraisal reductions, and how CRE fundamentals are holding steady despite macro headwinds and higher-for-longer interest rates.

As agricultural borrowers face tighter margins and reduced cash flow in 2026, Farm Credit lenders are increasingly turning to "bulge financing" - temporary credit extensions designed to bridge short-term liquidity gaps. This analysis explores how these 60-120 day facilities differ from traditional accordion structures and examines their strategic deployment through a real-world case study of discounted crop input financing.

Goodwin's Private Investment Funds team advised Ares Credit Secondaries funds in leading a $2.5 billion credit continuation vehicle sponsored by Arcmont Asset Management, marking the largest European credit continuation fund to date. The transaction involved acquiring a diversified portfolio of primarily first-lien senior secured loans from Arcmont's 2019 vintage Direct Lending Fund III, providing liquidity to existing limited partners while enabling continued exposure to the portfolio.

U.S. real estate remains a favored asset class for foreign investment by Israeli residents. With the Israeli shekel currently being relatively strong against the U.S. dollar, investments in the U.S.

The US and European markets for collateralized loan obligation securities (CLOs) in 2025 carried the momentum of a robust 2024 through headwinds from tariff announcements...

Explore critical insights across multiple sectors including Middle East construction challenges amid regional conflict, the intersection of financial reporting valuations and tax compliance, large-scale financial remediation...

Regulatory oversight of debt sales has become more fragmented, active, and state-driven, fundamentally reshaping how buyers and sellers approach transactions.

The U.S. Commodity Futures Trading Commission has filed its first-ever insider trading enforcement action involving prediction markets, charging a U.S. Army Special Forces member with using classified military operation information to profit from event contracts on Polymarket. This groundbreaking case marks the inaugural application of the "Eddie Murphy Rule" prohibiting misuse of government information and signals heightened regulatory scrutiny of prediction market trading activities.

Federal regulators and prediction market operators have launched their first major enforcement actions targeting insider trading in event contracts, signaling a new era of market integrity oversight.

Event contracts, commonly known as prediction markets, have rapidly expanded to forecast elections, economic indicators, and other outcomes. As these markets grow, understanding the regulatory framework governing participation becomes critical. This overview examines the CFTC registration categories—from intermediaries and market infrastructure to market participants—that entities must navigate when engaging in event contract activities.