International Banking Law Journal commissions Tahir Ashraf
Tahir Ashraf is commissioned by the Journal of International Banking and Financial Law – JIBFL to write on the difficult subject of bank recovery resolution directive in correlation with Islamic banking and finance.
Banking Law Barrister
This commissioning recognises that Tahir Ashraf is a banking law barrister in the field international banking and banking regulation. Tahir also has a particular interest in investment banking and climate and green bonds. The JIBFL is a highly regarded authoritative and prestigious journal published by Lexis Nexis. It aims to provide practitioners with the very latest developments in banking and financial law internationally. It is of interest to all bankers and lawyers in private and corporate practice.
Tahir has been commissioned specifically to advise on the topic of the bail-in of Islamic banks within the UK following the coming into force of the European Banking Resolution and Recovery Directive (BRRD) which as of 1 January 2015 is applicable in all EU Member States. The BRRD provides for a single rulebook for the resolution of banks and large investment firms. In light of the financial meltdown of 2008, the new rules are intended to harmonise and improve within the EU (some of) the tools that are perceived to be needed to deal with and to prevent bank crises across the EU.
The Lexis Nexis website refers to the banking journal and its key points as “The 11 issues per year include:
- Regular contributions from around the world
- Special In-Practice section with practical know-how pieces – get a sharper understanding of transactional issues
- In-depth analytical features
- Commentary and insights on contentious and non–contentious issues
- Key points summarising content for busy practitioners
Tahir has been commissioned to write a small advisory article on Islamic Banking and the EU Bank Resolution and Recovery Directive which is to be published on 4th September 2015. More details and a link will be provided post publication in September 2015. Tahir can be contacted for Banking compliance regulatory and other matters here.