Practice Areas & Industries: Jones Day

 





Group Profile Lawyers in this Group Offices Locations for this Group
 

Practice/Industry Group Overview

As the world markets continue to be volatile and unpredictable, our clients look to Jones Day's Banking & Finance lawyers to help them navigate restricted channels of credit and challenging new regulations.

We work with financial institutions, as well as borrowers, lessees, and other capital users, to analyze potential risks and develop both short- and long-term plans in this uncertain environment.

In addition to our lending and borrowing representations, we also continue to advise clients in acquisition financings, asset based lending, cross-border investments, Islamic financing, and both new and established financial structures and transactions. With approximately 200 finance lawyers in major centers of business and finance in the Americas, Europe, Asia, and the Middle East, our clients have seamless access to the global resources of the Firm’s Banking & Finance and related practices wherever they do business.


 
Group Presentations
  PLI's Leveraged Financing 2013 - New York, May 8, 2013
West LegalEdcenter's Dodd-Frank Derivatives Deadlines--Vital Information In-House Counsel Needs to Know Now, April 19, 2013
7th European Jurists' Forum, April 19, 2013
European Banking - On the Road to Union and Harmonization?, February 14, 2013
 
Past Seminar Materials
  PPP in Southeast Asia and India Seminar, September 27, 2013
 
 
Articles Authored by Lawyers at this office:

OCC and FDIC Guidance on Supervisory Concerns and Expectations Regarding Deposit Advance Products
, December 20, 2013
The Office of the Comptroller of the Currency (“OCC”) and the Federal Deposit Insurance Corporation (“FDIC”) (collectively, “the agencies”) each recently issued final supervisory guidance titled Guidance on Supervisory Concerns and Expectations Regarding Deposit...

Financial Reform in Mexico
Héctor Tinoco, December 19, 2013
Mexican President Enrique Peña Nieto presented a reform bill before the Permanent Commission of Mexico's Federal Congress on May 15, which amends, adds, and repeals 34 statutes, primarily financial in nature (hereinafter, the "Financial Reform").

Just the Beginning: The FCA Proposes Changes to the Dealing Commission Regime
John Ahern,Timothy P. Flood,Tom Hodge, December 18, 2013
On 25 November 2013, the Financial Conduct Authority ("FCA") published CP13/17 on proposed changes to the dealing commission rules. The FCA's intent is to clarify when asset managers can use dealing commission to pay for goods and services. The changes are intended to be the first step in...

European Perspective in Brief
Mark G. Douglas, December 05, 2013
Europe has struggled mightily during the last several years to triage a long series of critical blows to the economies of the 28 countries that comprise the European Union, as well as the collective viability of eurozone economies. Here we provide a snapshot of some recent developments regarding...

Stockbroker Defense Shields Ponzi-Scheme Broker Fees and Commissions From Avoidance
Mark G. Douglas,Dara R. Levinson, December 05, 2013
In Grayson Consulting, Inc. v. Wachovia Securities, LLC (In re Derivium Capital LLC), 716 F.3d 355 (4th Cir. 2013), the U.S. Court of Appeals for the Fourth Circuit examined whether certain securities transferred and payments made during the course of a Ponzi scheme could be avoided as fraudulent...

EMIR—Draft RTS on Extraterritorial Application
, November 28, 2013
On November 15, the European Securities and Markets Authority ("ESMA") published its Final Report, "Draft technical standards under EMIR on contracts with a direct substantial and foreseeable effect within the Union and non-evasion" ("RTS"). The RTS set out the...

Application of Dodd-Frank Requirements to Swaps Between Non-U.S. Swap Dealers and Non-U.S. Counterparties
, November 22, 2013
On November 14, the Division of Swap Dealer and Intermediary Oversight (the "DSIO") of the Commodity Futures Trading Commission (the "CFTC") created confusion and consternation in the derivatives world by issuing an advisory indicating that certain requirements will apply to...

Can You Answer the FDIC’s Four Questions About Your Institution’s D&O Insurance?
Bernard P. Bell, October 18, 2013
On October 10, 2013, the FDIC issued an “Advisory Statement” on D&O insurance to FDIC-supervised banks with “suggested routing” to the Board of Directors and Senior Executive Officers.

Emerging Markets Update
Sushma Jobanputra,Adam Skinner,Matthew J. Skinner,Geoffrey S. Stewart,Jayant W. Tambe, October 11, 2013
It isn't the financial crisis of 1997 by any means, but the economies in Asia are struggling—again.

Banking Reform in the UK: A New Senior Persons Regime
John Ahern,Christopher Braithwaite,Tim L'Estrange,Lucas J. Moore,Harriet Territt, October 08, 2013
On 1 October, the UK Government published its proposed amendments to the Financial Services (Banking Reform) Bill. These include the introduction of a criminal offence of reckless misconduct that leads to the failure of a bank which has attracted considerable press comment. The likelihood of a such...

The New York State Department of Financial Services: Leading the Charge to Regulate Bitcoin
, October 01, 2013
As we have previously written, the New York Department of Financial Services (“DFS”) is emerging as an aggressive regulator of financial institutions based in New York or doing business in the state. Recent information, including a DFS memorandum and DFS subpoenas issued to key industry...

Accenture Global Services: The Continued Struggle to Divine Patent-Eligible Subject Matter
John V. Biernacki,Matthew W. Johnson,Kelsey I. Nix, September 19, 2013
The U.S. Supreme Court in Bilski v. Kappos and its predecessor decisions has made clear that claims directed to abstract ideas are unpatentable under 35 U.S.C. § 101. Unfortunately, the clarity in § 101 appears to end there. In Bilski, the Supreme Court declined to articulate a practical...

CRD IV Update: Some Good (Tax) News for the UK's Banking Sector
John Ahern,Amrit Dehal,Catherine Richardson, September 11, 2013
The Capital Requirements Directive IV and the Capital Requirements Regulation (collectively "CRD IV") implement, within the European Union, the Basel III reforms and provide for the prudential rules for banks, building societies and investment firms. Although CRD IV entered into force on...

Spain's FABs: A New Vehicle for Investment in Assets Disposed by the Bad Bank
Victor Casarrubios,Juan Ferre, September 11, 2013
During August 2013, the Spanish bad bank (Sociedad de Gestión de Activos Procedentes de la Reestructuración Bancaria, S.A., or "SAREB") completed the bidding process for its first sale of a REO portfolio (project "Bull"), awarding to HIG Capital through its...

Implied Term of Mutual Trust and Confidence Accepted by the Full Federal Court of Australia
Adam Salter, September 02, 2013
The Full Federal Court of Australia has handed down a landmark decision recognising the implied term of mutual trust and confidence in employment contracts in Australia. As reported in our September 2012 Update, an employee of the Commonwealth Bank successfully argued that his employer breached the...

CFTC Implements Substituted Compliance Approach for Commodity Pool Operators of Registered Investment Companies
Michael R. Butowsky,Anthony L. Perricone,Joel S. Telpner,Alice Freida Yurke, August 29, 2013
On August 13, the Commodity Futures Trading Commission ("CFTC") issued a release relating to the harmonization of compliance obligations for registered investment companies ("RICs") required to register as commodity pool operators ("Registered CPOs"). The final rules...

Warning: Companies Are the Victims of Forged International Bank Transfer Orders, a Growing Threat
Bénédicte Graulle,Sion Richards, August 29, 2013
Massive scams with a global scope referred to as "the forged international bank transfer order scams" have been targeting for approximately the last two years, the subsidiaries of large French companies located within the European Union or the foreign subsidiaries of companies based in...