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.
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.
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 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.
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.
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.
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.