Structured Finance and Derivatives

We advise on the full range of derivatives and structured products, those include

• Structured credit products such as credit derivatives, CLNs, repackagings, CDOs/CLOs and total return swaps
• Structured equity products such as equity derivatives and CFDs, equity- and fund-linked notes, certificates and warrants
• Interest rate, FX and inflation products
• Commodity linked transactions
• ETP platforms
• Islamic derivatives such as murabaha-, wa’ad- and salam-based products and advising on the ISDA/IIFM Tahawwut Master Agreement
• Prime brokerage and intermediation arrangements
• Credit risk mitigation such as credit support, security and other collateralisation arrangements
• Repos and securities lending.

Our transactional teams work closely with our regulatory lawyers who have been at the forefront of the debate around the changing regulatory landscape. In particular, we have been involved in co-ordinating, drafting and presenting market responses on retail structured products, UCITS, AIFMD and ETFs through the Joint Associations Committee comprising ISDA, ICMA and AFME. We are also actively involved on various ICMA, FMLC and FOA committees.