The Sovereign Debt Scoping Forum provides experts the opportunity to meet and deliberate on legal uncertainties affecting central government debt. The FMLC has a long-standing history in tackling sovereign debt issues: it hosted a seminar on this topic in 2012 and produced a paper on pari passu clauses in 2005. Whilst the debate surrounding the interpretation of the pari passu covenant continues, broader uncertainties related to potential currency redenomination and a member state’s exit from the E.U. (an increasingly relevant topic) may also arise.
For further information, please see the Forum’s Terms of Reference and 2024 Forward Schedule.
The agenda is available for download.
The agenda is available for download.
The agenda is available to download.
The Agenda is available for download.
The agenda is available for download
The agenda is available for download.