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INSOL Financiers' Group


The INSOL International Financiers’ Group, founded in the mid-90s, includes representatives from financial institutions and debt providers from around the world.  The Group is Chaired by Mark Sutton, Commonwealth Bank of Australia with a steering committee made up of regional key contact representatives.  

The Group provides a forum and a network for financiers in which they can meet, develop cross-border support and contacts and cooperate and communicate in both insolvencies and restructurings.  The Group holds seminars on “hot topics” of relevance to the cross-border finance community and is a forum for disseminating ‘best practice’, technical projects and shared experiences amongst financiers on cross-border insolvencies and restructurings.

Join the Financiers’ Group


If you are interested in finding out more, please contact penny.robertson@insol.org
 

Steering Committee

 

Chair: Mark Sutton, Commonwealth Bank, Australia
Australia Simon Chiou, Commonwealth Bank, Australia
Europe Florian Joseph, Helaba Landesbank Hessen-Thüringen, Germany
Francisco Patrício, Abreu & Associados, Portugal
Asia Donna Duke, Asian Development Bank, Philippines
Guy Isherwood, KPMG (TBC), Hong Kong
  Angelina Bopp, Standard Chartered, Singapore
South Africa Martin Baumgartner, Standard Bank Group Ltd, South Africa  
MENA Stjepan Buljevich, Abu Dhabi Commercial Bank, UAE
UK Steve Hair, NatWest, London
USA Anne Peterson, HSBC, New York
Colm Kelly, INSOL Fellow, MUFG Union Bank
Events

 

INSOL Financiers’ Group Interactive Forum: COVID relief measures – a case of extend and pretend?

See below to view the recording from Thursday 15 October 2020


The economic impact of the COVID-19 pandemic has created, and continues to pose, significant financial challenges to global companies with many facing solvency issues.

The Forum will have Mahesh Uttamchandani, Global Practice Manager, World Bank Group provide an initial overview followed by a panel discussion and interaction with online attendees. 

Moderator: Mark Sutton, Commonwealth Bank of Australia
Mahesh Uttamchandani, Global Practice Manager, World Bank Group
Simon Granger, FTI Consulting
Anke Heydenreich, Attestor Capital
Sue Atkins, JPMorgan

The panel will discuss what the future could look like for financiers as relief measures such as government support schemes, loan deferrals, and rental moratoriums are withdrawn.  The panel discussion will also consider how an increased number of restructuring cases will be dealt with, and what countries will be impacted as a result of shrinking economies.

For further information, please contact Penny Robertson, INSOL International


 

Technical Projects


INSOL International Financiers' Group Special Report - What Will Next Time Look Like?

The INSOL International Financiers’ Group, devised this technical project to consider the impact of certain changes that have taken place since 2007 in financial institution regulation in relation to capital requirements and impairment recognition. The project invited comment from a number of different market participants on how these changes may affect the ability of banks to hold distressed debt; the increasing role in the market of alternative investors; the effect of this on the restructuring process (including the effect on debtors) and the behaviour of those credit and financial institutions in the next downturn as a result. This report includes responses from individuals from different types of institutions in the credit markets along with relevant professional firms.

Statement of Principles for a Global Approach to Multi-Creditor Workouts II 

This second edition of the ‘Statement of Principles for a Global Approach to Multi-Creditor Workouts’ was once again endorsed by the World Bank and the Bank of England as a valuable contribution to preserving value and benefiting creditors by having a statement of best practice for the international professional community.

The world of finance has of course changed significantly since the INSOL International Financiers’  Group (formerly known as the ‘Lenders’ Group) first published the Principles over 16 years ago and the Group, which includes representatives from many different investment banks and funds from around the world, reviewed and updated the Statement of Principles to ensure that it reflects the changes that have taken place and the expanded financial community in today’s cross-border world of ever more complex financial restructurings.