Structured Finance & Regulatory
Understands the market extremely well and have a commercial and practical rather than a theoretical approach to problem solving. Creative when it comes to finding compromise solutions.
In addition to providing stand-alone financial regulatory advice, our Structured Finance & Regulatory practice leverages a combination of regulatory expertise and transactional know-how to deliver value to clients across Scandinavia with complex or unusual financing needs where bespoke solutions are needed. Our offering includes securitisation, covered bonds, derivatives, regulatory capital, factoring and trade finance solutions.
Our team has been at the forefront of innovative financial transactions in the Scandinavian financial markets for many years. We participate in legislative processes across the region to support the continued development of structured finance markets in cooperation with the finance industry and their organisations.
We have deep expertise in the Scandinavian covered bond markets, having pioneered developments in Norway whilst also advising on transactions across the region. Our market position in this segment remains unrivalled.
Selected matters
- We acted on the first ever securitisation of a loan portfolio by a Norwegian bank under legislation which at the time was both untested and highly complex.
- We acted on the first ever synthetic (SRT) securitisation by a Norwegian bank designed to comply with the EU Securitisation Regulation.
- We took an active part in the development of new Norwegian covered bond legislation, which allowed this market to thrive in Norway from 2007 onwards.
- We developed a new form of residential mortgage right to alleviate problems caused by legislative changes in 2017 which caused unforeseen consequences for the Norwegian covered bond market.