The Ontario Securities Commission appointed CRA distribution consultant for five mutual fund companies settling market timing charges. CRA’s consultant oversaw the development of the Plans of Distribution, monitored the disbursement of over $C200 million, and confirmed that the distribution followed all procedures outline in the Plans.
Project finance basics for International Arbitration practitioners
Lenders often depend exclusively on project revenues for repayment, so any operational or regulatory disruption can quickly jeopardize covenant compliance and...