Legal risk and Private placement: Difference between pages

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1.  
This is a form of securities issuance that has no exact definition.


The risk that transactions or business relationships may have unforeseen adverse legal consequences.   
It usually refers to an issue that has been designed for a specific set of investor needs at a particular time.   


For example, giving rise to additional costs or to the inability to enforce legal rights.
As such it is not expected to be traded in the secondary market and is not a 'public' issue.


It is not normally expected to be listed on an exchange.


2.  
A wide variety of securities under various names are private placements. In Germany, [[Schuldschein]] are a form of private placements, for example.


The risk that the administration of legal matters may be more costly - or otherwise more burdensome - than foreseen.


Legal risk may arise from existing laws and practice, or from changes in relevant laws and practice.
== ACT Website links ==
 
[http://www.treasurers.org/blogs/ceo/201307 Colin Tyler's Blog 5 July 2013]
 
[http://www.treasurers.org/node/8624 Developing a UK Private Placement market – report of the PP15+ working group]




== See also ==
== See also ==
* [[Market risk]]
* [[Issue]]
* [[Risk]]
* [[Placement]]
* [[Guide to risk management]]
* [[Rule 144A]]
 
* [[Secondary market]]
[[Category:Compliance_and_audit]]
* [[Security]]
[[Category:Financial_risk_management]]

Revision as of 13:30, 1 October 2013

This is a form of securities issuance that has no exact definition.

It usually refers to an issue that has been designed for a specific set of investor needs at a particular time.

As such it is not expected to be traded in the secondary market and is not a 'public' issue.

It is not normally expected to be listed on an exchange.

A wide variety of securities under various names are private placements. In Germany, Schuldschein are a form of private placements, for example.


ACT Website links

Colin Tyler's Blog 5 July 2013

Developing a UK Private Placement market – report of the PP15+ working group


See also