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 meeting agenda and slides on recent developments in Ghana, Kenya and Nigeria are available to download.
This meeting was cancelled owing to scheduling difficulties.
The meeting’s agenda, minutes and slides used by Professor Anna Gelpern on Chinese lending are available to download.
This meeting (agenda) featured presentations by Jill Dauchy, CEO of the Potomac Group, on climate change implications for sovereign debt and Dr Baba Yusuf Musa, Director General of the West African Institute for Financial and Economic Management, on Sub-Saharan Africa’s debt dynamics.
The meeting agenda can be downloaded.
The meeting agenda can be downloaded.
The meeting agenda can be downloaded.
This virtual meeting of the Sovereign Debt Scoping Forum was moderated by Jim Ho of Cleary Gottlieb Steen & Hamilton LLP. Forum members discussed “Coronabonds”, Institute of International Finance and the G20 Debt Service Suspension Initiative and Barbados’ sovereign debt restructuring. The agenda and...