Banking Secrecy and Trends in the Regulation

The banking secrecy, especially the developments in banking secrecy, can be considered topical in Europe, especially in Switzerland. Whether this […] Read more »

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Erosion of banking secrecy: draft law proposed

The processes by which banking secrecy can be eroded are under discussion throughout many European countries. In Estonia, Parliament is […] Read more »

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Overview of Estonian Banking for ILO

Introduction According to the Central Bank of Estonia, the Financial Supervision Authority (FSA) and the Banking Association, in October 2011 the total asset […] Read more »

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Shares as collateral: a question of value

Background Banks’ lending business is usually strongly linked to collateral established to secure counterparties’ obligations. Recent volatility in the economic […] Read more »

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Amendments provide legal framework for remuneration of bankers

Remuneration policies in the banking sector have been subject to criticism, as bonus-driven principles encourage the taking of high short-term […] Read more »

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Changes for lenders in debt restructuring and protection

One topic under discussion at most banks operating in Estonia is the new Debt Restructuring and Debt Protection Act, which entered […] Read more »

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Amendments for financial collateral arrangements regulation

Partner Priit Pahapill contributed an article to Corporate Rescue and Insolvency. The aforementioned publication is an authoritative, well-researched and incisive […] Read more »

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Additional safety net for Estonian financial system

Partner Priit Pahapill contributed an article to Banking Newsletter of the International Law Office Read more »

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Significant Amendments Planned for Regulation of Financial Collateral

The Ministry of Finance has prepared a draft act, which would significantly change the regulations on financial collateral (1). According […] Read more »

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New Guideline to clarify Roles of Collateral agents and Underwriters

Requirements upon Rendering Investment Services and Non-Core Services, setting new rules for credit institutions (including banks) that provide collateral agent services as well as act as underwriters. Read more »

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