UK 3-year ‘passporting’ plan for EU firms may break WTO rules, say analysts
Plans by the UK government to unilaterally allow nonUK financial firms in the rest of the European Economic Area (EEA) to “passport” into the UK for three years after Brexit to give them time to set up regulated entities in the UK has been viewed by analysts as preferential treatment and could be challenged by […]
Seplat launches dollar-denominated notes to refinance debts
Seplat Petroleum Development Company Plc. Wednesday announced its launch of a 5 or 7-year U.S. dollar-denominated senior notes offering, proceeds from which would be used to refinance its existing indebtedness and general corporate purposes. The notes, according to a statement signed by Roger Brown, its chief financial officer, would be issued by the company to […]