Revised English Law Standard Agreed By Managers

The International Primary Market Association (IPMA) has published a revised form of English law standard Agreement among managers for non-equity related issues (without a selling group). The new agreement contains provisions dealing with pot issues, laws relating to money laundering, indemnity arrangements between joint bookrunners, and the appointment of stabilising agents under the rules of the UK’s Financial Services Authority. It is effective for issues launched on or after Monday, 19th May 2003.


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