Derivatives and Structured Finance
Our derivatives team, which consists of German and English qualified lawyers, belongs to one of the largest and most integrated derivatives and structured finance teams in the industry. It is renowned for being innovative and commercially aware of the latest market developments.
Our advisory and transactional work covers the full range of derivatives products including over-the-counter, exchange-traded or securitised derivatives, as well as credit derivatives, equity-linked derivatives, currency and interest rate swaps, weather and energy derivatives, fund-linked notes, index and commodity certificates, warrants, structured Schuldscheine, contracts for differences, securities lending and repo transactions, strategic equity transactions and collateral arrangements.
We advise most financial institutions active in the market on the full range of product wrappers (including structured notes, certificates, warrants and funds) and underlyings (including equities, credit, commodities, FX, funds, indices and proprietary trading strategies). We advise on flow and highly bespoke structured products and are at the forefront of product development and regulatory and tax issues.
We have been European, Hong Kong and U.S. counsel to the International Swaps and Derivatives Association, Inc. (ISDA) for many years and participate in other industry bodies. These roles put us at the forefront of legal, regulatory and documentary developments and innovations in the marketplace and keep us up to date with all relevant ISDA documentation. We can deal with any ISDA-related queries or concerns faster and more efficiently than most competitors.
For many years, we have advised clearing houses and exchanges on derivatives clearing issues, and now hold a prominent position in on the consequences of the EMIR regulation on the clearing of OTC derivatives.
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News and insights
News: 02 February 2023
Allen & Overy advises syndicate banks on placement of EUR 1bn convertible bonds issued by Rheinmetall AG
Allen & Overy has advised a syndicate of banks on the successful placement of EUR 1 billion convertible bonds issued by Rheinmetall AG (Rheinmetall).
News: 01 February 2023
Allen & Overy strengthens its practice in asset management and alternative investments with fund specialist Dorothee Atwell
Allen & Overy is expanding its practice in asset management and alternative investments as part of its growth plan for Germany with the hire of the recognised fund specialist Dorothee Atwell who will…
Publications: 25 January 2023
New reporting standards under EMIR: 203 reporting fields, one deadline, huge sanctions
In-scope entities have to follow new EMIR1 reporting requirements by April 2024 or face hefty sanctions. ESMA2 has published the guidelines, validation rules and reporting instructions with which you…
Publications: 15 November 2022
EU proposal to regulate third country providers of financial services: Where are we on CRDVI?
One year after the European Commission unveiled its Banking Package 2021, the Council has now agreed its position on the amendments to the Capital Requirement Directive, the EU framework regulating…