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- Rates are rising as financial markets declare victory over COVID, but are small businesses prepared to pay more to borrow?
- Beyond SME lending: Are larger cap companies starting to tap private credit markets?
- Are we seeing a convergence between public and private markets?
Jerry van Koolbergen
- Troubled versus stable sectors; when government support trails off where will delinquencies rise?
- Large loans versus small: has there been bifurcation in performance?
- Has government support hidden the real impacts?
PLEASE NOTE THIS SESSION IS 'OFF THE RECORD' AT REQUEST OF THE PANEL
- Understanding the Environmental, Social and Governance Components of ESG, and their intersections
- How to tackle Green/ESG-Washing and assess substantial Green and Social metrics
- How to use data, ratings, and regulation to boost ESG development
- Governance in deal structures: How are investors protected when structures are challenged?
- CMBS New Issue vs. Secondary Trading - what is the current state of the market by volume, geography, ratings profile etc.
- Impact of return to work vs. remote work policies on office space valuation and demand. Is office the new retail?
- What are the different subsectors of CMBS of most interest to investors currently? i.e. CRE CLO, Single Asset Single Borrower etc.
- Consumer appetite for brick and mortar retail as lockdowns ease: do consumer miss the social aspect of shopping? Are malls poised to come back?
- Relative Value of Agency CMBS vs. Bank Conduit CMBS
- What new assets and structures are emerging? Should they all be securitized?
- Emergence of Litigation Finance as a securitised asset class - How is the market viewing the business and legal landscape?
- Underwriting standards emerging post COVID
- Are investors spotting any troubling trends? i.e. Higher Advance Rates, Lack of Triggers
This session will be run by the FIIN CLO Task Force, covering their activities, market progress, and sector updates. Join FIIN to hear from key investors in this market. Open to all attendees.
- Investor reactions and reflections on Q4 and previous years issuance. 2022 projections including primary and secondary markets
- Motivations behind surge in issuance – is LIBOR the most prominent factor?
- How long will it take to get comfortable with SOFR, do early adopters have an advantage or suffer teething problems?
- Supply and demand dynamic and impact of spreads across the capital structure
- Health of the Leveraged Loan Market with M&A cycle picking up
- Where are we in the rates cycle and what affect does this have on opportunities across equity and mezz CLOs?
PLEASE NOTE THIS SESSION IS 'OFF THE RECORD' AT REQUEST OF THE PANEL
Adrienne Dale Burns
- Increasing focus on privates and whole assets as investors hunt for yield
- Process and methods necessary to execute a private transaction
- Dissolution of traditional boundaries between banks, investors and issuers
- Changing landscape for structured products with more investor entities not constrained to the CUSIP space
- Methodology to evaluate risks and rewards in a new asset class
- Evolution of securitization - who else will get disintermediated?
Louis Musto, Jr.
- Impact of government stimulus on spending habits and the consumer mindset
- Inflation and unemployment: both are on the rise, so why has credit not suffered?
- Is the US consumer over-levered?
- What are the latest regulatory dynamics and policies driving the consumer lending sector? How will the change in regulatory regimes impact various sector in 2022?
- Where will the guidance on labeling MBS deals ESG compliant come from?
- RMBS: Reporting requirements and developments for green and social bonds
- Which fields are important to report on for mortgage-backed securities?
- Fallback language for loans
- Asset/liability mismatch: how are investors viewing this uncertainty?
- Bifurcation and modification levels for auto sub primes and prime: Could these modifications and forbearances lead into performance deterioration?
- Rising used car values; impact on subprime auto in particular
- Rising importance of EVs and sustainable market changes – is this creating more ESG prominence in the sector?
This session will be run by the FIIN Consumer ABS Task Force, covering their activities, market progress, and sector updates. Join FIIN to hear from key investors in this market. Open to all attendees.
- Macro perspective on the consumer – how strong of a position is the consumer in today?
- Performance trends heading into 2022 – discussion of potential credit normalization
- Sector analysis across the consumer spectrum and projections for 2022. Where is the issuance coming from?
- Impacts of inflation to the consumer and resulting ABS market? Spreads, Pricing etc.
- Political Regimes, CFPB policy changes, and a congressional crack down on credit reporting
- What has the new administration meant for the CLO market: Volcker, risk retention, a bullish year for ESG?
- Risk weighting implications of the new ratings plus notches NAIC proposal
Paul St. Lawrence
- What are investors’ concerns about current forms of COVID-19 housing relief and what are the important things to focus on as we begin to make our way out of the pandemic?
- What are the key reporting metrics and information that investors and other market participants need to get a materially accurate read on current or future investments?
- How is this market expected to evolve over the coming years? What is the current issuance pipeline? And how has the pandemic affected the sector?
- Solar Storage capabilities – Are Utilities and Solar companies on the same page? can this help mitigate blackout risks?
- What effect does government support have for community solar projects? Impact of tariffs, potential policy changes etc.
- What sources of financing are available?
- How can the market safeguard against greenwashing? How is this identified and prevented?
Join program partners Women@FIIN and 100 Women in Finance for an exclusive networking event in which our featured keynote speakers will lead an informal discussion on "The advancement of female leadership in fund management and ESG investing".
This event is open to all ABS East delegates, however space is limited so make sure to reserve your place early. Please RSVP by emailing Rosie Bell at firstname.lastname@example.org.
SPECIAL GIVEAWAY: The first 25 attendees to register for the breakfast will also receive a signed copy of the keynote speaker's book:
Katrina Dudley: The Big Gender Short
Rupal J. Bhansali
As a prelude to our opening session on pandemic recovery and advancing the sustainable finance agenda, we are pleased to bring you insights and reflections from COP26. Simon Lewis of FTI Consulting and former CEO of AFME sits down with the Rt.Hon Claire O'Neill, former President-Designate of COP26 and UK Minister of Energy & Clean Growth to discuss her thoughts and reflections from COP26, having spent the full 2 weeks at the conference engaging with political, business, and financial leaders across the globe.
These remarks have been pre-recorded and will be streamed live for the first time from the conference, and will then be made available on demand via SwapCard.
- How did securitization ‘score’ in terms of resiliency and performance, and how might securitization morph as a result of the pandemic? What is the outlook for consumer and corporate credit in the US?
- Impacts of commercial real estate from remote working policies, and business development ties to corporate travel – are we officially in a new normal or will the clocks eventually turn back?
- As we look back at this year’s COP26, what are they key takeaways for the financial and securitization markets? Regulation, Transparency, Unlocking Capital, Collaboration etc.
- Is a sustainable finance label truly needed, or should we now be considering climate, ESG, and sustainability in all financial decision marking?
- What are the specific risks related to sustainable securitization, and how are these being mitigated? How big of a problem is Greenwashing, but is rigidity the antithesis of progress?
- How are market participants ensuring their investments, lending, and actions are aligned with net zero ambitions?
- Has the pandemic expedited the prominence and urgency of sustainability in the capital markets?
- Inflation, the specter of stagflation
- Leverage: consumers, corporates, and the U.S. government
- Monetary & Fiscal Policy, and the Federal Reserve
- The Political Scorecard: Elections, Administrations, and their baring on the US economy
- Infrastructure Bill; Global, Europe/UK and China Relations; Climate Economy
Rupal J. Bhansali
- Key drivers for record new issue, refi and reset volumes: yield, floating rate product
- Review of CLO performance in COVID: CLO underlying collaterals, CLO OC tests, distressed credits, and booming equity market
- How do we re-engage CLOs in the negotiation of restructurings as a larger part of the broader loan market?
- How has the continued involvement of manager-equity funds changed the dynamic in the U.S. issuance, especially in regard to the involvement of investors less suited to invest on their own?
- Are the deal structures emerging any cause for concern? What about underwriting standards?
- Arbitrage in non-QM is 3-4 pts; has that caused credit to overexpand?
- Are big banks sufficiently retaining skin in the game?
- How is non-QM retaining differentiation from the subprime moniker of yore?
This session will be run by the FIIN ESG Task Force, covering their activities, market progress, and sector updates. Join FIIN to hear from key investors in this market. Open to all attendees.
- How does the EU’s SFDR address greenwashing?
- What are SEC’s concerns regarding greenwashing in April Risk Alert?
- What impact did the whistleblower at DWS have on asset managers with ESG strategies?
- Is greenwashing restricted to claims about environmental concerns or are S and G included as well?
- Green Ratings/Verifications
- Do green ratings/certifications have credibility with investors or markets?
- Is there becoming any differentiation in terms of the providers of such verifications?
- Do the verifications factor into some of the concerns about greenwashing?
- Have liability costs gone down or bond prices gone up due to green ratings/designations?
- Credit Considerations
- To what extent do we see parties incorporate ESG factors into credit analysis? (we can discuss how to think about the various ways these matter, both quantitatively and qualitatively, in risk assessment)
- Do the rating agencies do an adequate job of incorporating ESG factors into credit ratings of structured products?
- Are ESG-labeled bonds better credits?
- What ESG data are investors looking for in structured products, and are these data available?
- If not, what data would fill those gaps and where does it come from?
- Are investors pressuring structured issuers to provide better ESG data?
- Are we beginning to see any alignment in the data produced for investors, or is everyone still reporting different metrics?
- Are third party ESG data providers adding value?
- How do we solve the issues around data access in this subset of the market?
- What are the fundamentals behind rising issuance? Are they solid or just a mirage driven by access to capital and arbitrage opportunities?
- Riskier tranches are being sold from BB level down to non-rated debt
- Dissecting the main drivers of new issuance: cash outs of prior deals by re-levering the pool at higher appraisal level
- Impact of booming issuance on home prices and affordability
- What market conditions cultivated a record year for Solar issuance? And from what areas of this market is issuance coming from?
- How has ratings attention garnered support from a wider pool of Institutional Investors?
- Is the development of ESG market practices helping institutionalize the Solar market, through further accessibility and favorable pricing?
- What regulatory and structuring considerations need to be considered for these transactions? E.g., ITC Extension, Pass-Through Certificate Product
- What underlying assets make up these portfolios, and how important are PPAs and Solar Storage to these transactions?
- What are the key factors driving CRE CLO issuance, and what factors will most affect CRE CLO market activity over the coming year? E.g. LIBOR Transition, Relative Value to other asset classes, macro real estate markets etc.
- Will the increases in market volume lead to greater efficiencies in CRE CLO establishment and refinancing?
- How are investors viewing relative value for CRE CLOs across the product spectrum, activity between the primary and secondary market? What asset types are favourable to investors?
- What will be the scale of the CRE CLO market in 2 to 5 years?
- To what degree will the CRE CLO replace other types of traditional financings, such as CMBS pooled floaters?
- How has COVID affected the CRE CLO market currently? For the longer term?
PLEASE NOTE THIS SESSION IS 'OFF THE RECORD' AT REQUEST OF THE PANEL
- Impact of the change in regulations (capital rule) and what this means for the future of GSE CRT?
- Where does the uncertainty lie?
- Have the CRT programs be redesigned under the new capital rule?
- GSE CRT performance report in 2021: impact of COVID on performance and end of payment moratoriums
- How are the GSEs preparing for SOFR transition?
- 2021 performance, and forward year projections. What opportunities exist, and how can C-PACE be made more scalable and investor friendly?
- How are increased levels of PACE related PPAs influencing progress and activity in this market?
- CPACE was one of the few commercial real estate asset classes to have minimum volatility during COVID. Why does this asset class appear to be countercyclical?
- How is this, typically private placement market, expected to evolve as the asset class reaches maturity? Will a broader investor base reduce cost of capital?
- Comparison of data collection tools across Programs and independent third-party efforts to reduce the risk of “ineligible eligible” PACE assets
- Manager evaluation: What qualities do investors look for in manager? Would ESG Certification make a manager more attractive?
- Standardized tools for analysis of ESG in a CLO portfolio and Navigating ESG Policy Reporting
- Is secondary trading start to overlap with the perception of tiering?
- How can technology facilitate the ongoing dialogue and relationship between managers and investors?
- Selection criteria and new parameters attached to it that are emerging post COVID 19 outbreak. How are managers positioning themselves and who are they looking to attract?
- Tier Performance and rankings - Are we at critical manager mass? How sustainable are new manager additions to the market? Will the LIBOR transition taper this trend?
William van Hertsen
- Not just for distressed loan portfolios: risk transfer as a proactive balance sheet management tool
- To what extent have U.S. banks turned to risk transfer technology to address their capital requirements?
- What method/structures are the banks deploying?
- Incentives for U.S. banks vs. European market, risk weightings for smaller to mid-sized U.S. banks
- Motivations for Banks? For Investors?
This session will be run by the FIIN RMBS Task Force, covering their activities, market progress, and sector updates. Join FIIN to hear from key investors in this market. Open to all attendees.
- General outlook for the housing market over the next 1-2 years and beyond. Rising Rates, Forbearance, Purchase Market, ReFi Market etc.
- Outlook for sectors within RMBS i.e. SFR, Single/Multi-Family, Non-QM
- Administration and regulatory policy, CFPB changes and credit scoring reviews
- Ultimate resolution of Fannie/Freddie conservatorship on mortgage markets and the balance between QM and non-QM
- Investor views on the correct tools for the toolkit – are there new untraditional and innovative ways to transact and assess credit?
- How quickly and how quietly are digital assets replacing their traditional counterparts?
- How are traditional lenders working with fintech players and incorporating practices?
- What is the most susceptible part of the ecosystem?
- What processes lend themselves most to automation? What roles may be threatened by this?
- Are new deals getting done? Who is lending in the space?
- How was transaction volume faired across the sector? i.e., Aircraft vs Engine; Commercial vs Business/Private; Freight etc.
- While the commercial aviation is still in bumpy recovery, aircraft ABS new issuance has resumed and most senior ABS notes’ prices in the secondary market have come back to par.
- What are the immediate and long-term effects of the pandemic on Aviation Finance, specifically Commercial Aviation, given the embargo on international travel?
- To what extent will the timeline for airline recovery hinder recovery of the sector to pre-Covid levels? How will national vs international recovery factor into this equation?
Ali Ben Lmadani
- What are some of the biggest economic, political, and regulatory challenges investors and the wider ABS market are facing as we emerge from the pandemic?
- What are some of the relative value opportunities across assets classes? How are alternative sectors performing against mainstream asset classes.
- Are any new products emerging that really should not exist due to the search for yield?
- Future of active asset management vs. passive; how will managers differentiate themselves?
- What are the medium to long term effects of rising inflation, and how are investors looking to manage these?
- Where are the greatest opportunities for investors in ESG and what questions should practitioners be asking? What is the upside opportunity from an investment perspective if ESG can be applied correctly?
- Purpose of Life Premium Finance & Gracie’s role in the market
- Why Securitization?
- Investment thesis: High quality, stable collateral
- Where will the guidance on labeling ABS deals ESG compliant come from?
- What are the various methodologies currently being employed to corporate debt? Do they translate well for ABS?
- Which fields are important to report on for consumer related asset classes, such as Autos?
- Correlation between the green loans and the probability of default: what evidence is out there?
- Now one year into a global pandemic, what has been the impact of Covid on the equipment market overall? i.e., Transaction volumes, pricing, spreads, appetite, supply and demand, deferral rates, M&A activity etc.
- how does this break down per sector and industry? i.e., Travel, Hospitality, Healthcare, construction, energy etc.
- What is the outlook for transportation assets such as shipping, container, and rail? How are deal structures changing post pandemic, and what are the macro factors affecting the sector e.g. global trade?
- What are the major trends in the market right now? Small vs. Large Ticket, Healthcare, (Home) Office Equipment, managed/bundled services, green/ESG, Insurer activity etc.
- What is the current investor appetite, and what sectors are hot right now? How does this compare to sector supply and demand, pricing, spreads, and any other key factors?
- What are the features, attractiveness, and yield in PE vs. Bank bids? What is the best entry point for PE and FI investors, and can better yield be found elsewhere?
- What lessons can be learned from 2021, and how will they help as we move ahead in to 2022 and beyond?
- Are certain sectors out-pacing others in their adoption of blockchain and digitization?
- What are the real-world applications of blockchain in reducing points of friction and increasing transparency?
- Are early adopters seeing the benefits and necessity from their digitized transactions?
- 2021 performance and projected issuance volume for the year ahead
- PACE as an alternate source of funding - Has the pandemic cemented the use of PACE over other viable alternatives?
- How have changes in property valuations and other metrics impacted perceptions of risk in PACE, and how is this viewed across real estate sectors?
- What regulatory (federal/state/local) factors are helping or hindering market progress? E.g. Lender consent, consumer protections
- How are ESG factors being worked through these transactions?
- How is a move towards unsecured home improvement lending going to affect R-PACE in the long run? Is this only temporary?
PLEASE NOTE THIS SESSION IS 'OFF THE RECORD' AT REQUEST OF THE PANEL
- How have the underwriting themes evolved throughout 2021 and over the course of the pandemic? Have these weakened or maintained lending volumes?
- How does the growth of digital banks impact fintech lending?
- How are interest rates and tariffs affecting the market’s economic growth? How are platforms assessing their credit risks?
- Is Online Lending yet synonymous with unsecured consumer, or is it still treat as a separate fintech asset class?
- How are investors viewing asset performance to date, bond pricing structures, and other points of concern?
- Do investors view static wind down pools of differently than revolving pools in their credit analysis?
- What have been the repercussions of the pandemic for this sector? What macro factors are involved here, and can ABS be a solution to funding needs caused by Covid?
- How are investors assessing their risk tolerance towards Whole Biz transactions? What are the benefits?
- From data centre warehouses to restaurants: How do investors analyze these deals?
- What is the current issuance pipeline, and how is pricing being evaluated?
- How are the new issue borrowers comparing to the franchises and corporates that launched the market in terms of investor appetite and borrower performance?
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*Force Majeure. We shall not be deemed to be in breach of these Terms by reason of any delay in performing, or any failure to perform any service or our obligations in relation to these Terms, if the delay or failure was due to any cause beyond our reasonable control, including but not limited to acts of God, explosions, floods, fire or accident, war or threat of war, terrorism or threat of terrorism, sabotage, civil disturbance, epidemics, prohibitions or measures of any kind on the part of any governmental, parliamentary or local authority, import or export regulations or embargoes, or industrial actions or trade disputes (whether involving our employees or of third parties).
*Severability. If any provision of these Terms is found to be wholly or partially invalid, void or unenforceable by any court having competent jurisdiction or by virtue of any legislation or any other reason, that provision shall be invalid, void or unenforceable to that extent only and no further and the validity and enforceability of the remaining provisions of these Terms shall not be affected.
*Notices. Any notice given pursuant to these Terms shall be made by email or first class post, in the case of you, to the address provided on your registration form and, in the case of us, to the address posted on the website or otherwise notified to you in relation to any relevant service. Any such notice shall be deemed to have arrived if sent by post within three (3) days of posting and if sent by email at the time of transmission.
Euromoney Institutional Investor PLC (“Euromoney”, “we”, “us” or “our”) is an international business-information group covering asset management, price discovery, data and market intelligence, and banking and finance. The group also runs an extensive portfolio of events for the telecoms, financial and commodities markets.
For a full list of our brands and group companies, please click on this link. Euromoney and its group companies are committed to respecting the privacy of every person who visits, registers with or subscribes to our websites, publications, events and other products or services.
Euromoney is the primary data controller of personal data collected through this website or that we may collect in different ways as described in this Privacy Notice. If you are contacted by our other group companies, they will also be controllers of your personal data. This means that they are responsible for how your personal data is used, just as we are. You may contact any of these companies directly, or you can contact Euromoney by emailing email@example.com or writing to the Data Protection Officer at Euromoney Institutional Investor PLC, 8 Bouverie Street, London EC4Y 8AX, United Kingdom.
This Privacy Notice was updated on 23 May 2018
This Privacy Notice outlines the information we may collect about you in relation to your use of our products and services (“personal data”). It also explains the legal rights that you have in relation to your data and how you may exercise these rights.
Some of our group companies may collect and use personal data for different purposes; those companies have their own websites and privacy notices.
We will process your data for the following lawful purposes: with your consent; to fulfil our obligations to you; and where there is a legitimate interest to do so.
When possible, we rely on your consent to use your data for the purposes described in this Privacy Notice. We also process personal data to fulfil our contractual obligations to you, for example, when you register for any of our services, subscribe to a publication, sign-up for an event or purchase a product from us, we will need to process some of your personal data. This will also include details of the person/people responsible for payment (if different).
We may determine that processing your personal data serves both of our legitimate interests. This is the case in relation to many of our research, customer survey, sales, marketing and advertising activities described in this Privacy Notice. These activities allow us to better understand your requirements, which in turn enables us to provide you with a better service. We review the bases for our processing decisions carefully and you can object to these activities at any time (see the “Your Rights” section of this Privacy Notice).
Our primary goal in collecting personal data from you is to give you a relevant customised experience of our products and services.
Registration, Free Trials & Subscriptions
When you register with our website and/or sign up for a free trial of our products or services, we may ask you to provide your name, address, email address and telephone number, and details relevant to your occupation or employer.
If you subscribe to one of our products or services, we will also ask for payment details. Credit/debit card payments are processed using a third party supplier and we do not retain the credit card data (see the Third Party Sites of this Privacy Notice). Address details may be shared with third party service providers engaged by us for order fulfilment, delivery and payment collection. This personal data is used by us to complete subscription requests.
Events & Conferences
If you have registered for an event through a group website we may collect personal data including: name, job title, company, address, telephone number and email.
This information is necessary so that we can complete your registration for the event and provide you with relevant event materials.
We may also provide delegate details (e.g. name, email) to event sponsors who, subject to your consent, may contact you for their own advertising and marketing purposes.
Advertising & Marketing
We use the personal data you provide us and which we collect from you to inform you about similar products and services which we provide. We may send you marketing communications that are sponsored by our partners and which are targeted to your interests based on information you have provided us such as job title, employer and/or industry. If you have consented to receive information from other Euromoney group companies, we may share your personal data with these companies so that they can fulfil your request to receive marketing materials in accordance with your preferences. We will not share your personal data with any third parties for their own marketing purposes unless you have provided your consent.
Each of the Euromoney group companies that may contact you is a data controller in relation to the personal data that you have agreed to share with them. If you have any questions or concerns, you may contact the individual company, or us – using the contact details set out in the “Who We Are” section.
You can opt out from receiving such materials at any time.
The personal data we may use for advertising and marketing purposes includes your name, email address, job title, phone number, company name/employer, geo location, postal address and data collected using cookies and other similar technology (Please read our separate Cookies Policy to find out more about which cookies we use, how they work and how you can control your cookie options).
Marketing materials are sent electronically, by post and we may occasionally call you.
Online Targeted Advertising
We use targeted advertising on our websites to display advertisements that are relevant to what we believe are your interests. In order to deliver relevant advertisements, we use third parties to deliver cookies that collect information about your IP address and how you interact with our sites (e.g. browsing information, which articles you have read etc.). This data is used by the third parties to determine which advertisements may be of interest to you.
We may also share your personal data with third parties to deliver targeted advertising to you on other websites (e.g. Twitter Tailored Audiences or Facebook Custom Audiences). This could include your email address, cookie data, and information obtained from third parties. Third party cookies may also be used to enable us to target advertisements to you on other websites that you visit.
Lead Generation and Scoring
We occasionally use the services of trusted third parties in order to ensure that the personal data we use for advertising and marketing purposes is accurate and up-to-date. To do this, we transfer personal data of individual leads (such as name, email, job title, location and phone number) to these third parties who conduct research to verify the data – primarily against public information.
We also use algorithmic software technology to help us improve the quality and relevance of marketing activities. The personal data analysed by the software includes email address, phone number, job title, address, purchase history and account information. This allows us to provide meaningful offers that are relevant to your specific profile.
Surveys, Market Research & Customer Feedback
We want to understand the needs of our readers and customers. We may therefore use the information you provide us – including your name and contact details – to contact you to request your feedback, or to participate in our customer and market research.
Public forums, message boards and blogs
Some of the pages on our group websites may include message boards, blogs or other facilities for generating content from users. Any information that is disclosed in these areas becomes public information and you should always be careful when deciding to post any personal data. User generated content is also subject to our site Terms & Conditions.
Business or Asset Sale
If we sell a business or assets we may need to disclose your personal data to the prospective buyer of such business or assets.
If Euromoney, or any of our group companies is sold or sells our assets or is acquired by a third party, then personal data about our customers will be acquired by that third party. A transfer of your personal data in these circumstances would be necessary so that the services you have contracted for can still be delivered, or so that you can continue to enjoy the benefits of our free products and services. You will receive notice if a new controller assumes responsibility for your personal data.
Additional Third Party Disclosures
We may disclose your personal data to other third parties in the following situations:
- To third party partners who help us by providing services such as technology, marketing, advisory or other services. These third parties only receive encrypted data and may only process personal data to provide those services to us.
- Where we are required by law or regulation to do so. In each case we will seek, where practicable, to minimise the amount of data that is disclosed.
- If required to protect the rights and interests of other users and/or Euromoney and its affiliates (including our employees, agents and contractors), or as otherwise set out in our Terms & Conditions. This may include exchanging information with other companies and organisations for the purposes of fraud protection.
We may include small pixel tags (small image files) within the emails we send you in order to determine whether our emails are opened and/or whether the hyperlinks inside our emails are clicked through. We may also collect browser, location and the device used to engage with our email communications. This information allows us to better understand whether we are meeting our users’ needs and how we can improve our communications. No other information is collected. You can opt out of receiving our direct marketing emails either by following the instructions in each email, or by contacting us (see the “Who We Are” section of this Privacy Notice).
Some of the Euromoney group companies are based outside the European Economic Area (EEA). If you have consented to being contacted by our group companies, then the transfer of your personal data will be made according to the terms of an international data sharing agreement that contains obligations approved by European data protection regulators. Any of our group companies that receive your personal data will be co-controllers of that data, which means they may determine how they process your personal data – although they may only use it for the purposes for which it was shared, unless you are informed of new or additional processing activities.
We may also transfer personal data to third party service providers as described in this Privacy Notice which are located outside the EEA. Where we conduct these transfers, we take all steps necessary to ensure that your data is treated securely and in accordance with applicable privacy legislation, either by only sending your personal data to jurisdictions that provide an adequate degree of legal protection for your data or by imposing approved contractual terms on these third parties.
We have a data retention policy that ensures we don’t use or store your personal data for longer than necessary. We consider the following issues to determine retention periods:
- Guidance from the UK Information Commissioner or other regulatory agency, or industry best practice recommendations;
- The business rationale for collection and expiry of the purpose for which personal data was collected;
- Our ongoing ability to ensure the accuracy of the data; and
- Legal and regulatory requirements.
We may occasionally need to keep personal data for either shorter or longer periods than specified in our retention policy. In such circumstances, application of the retention period to the data will be temporarily suspended. The suspension of an applicable retention period will be carried out in a manner that respects the rights and interests of all persons concerned.
You can use our Preference Centre to select the topics that are of interest to you so that we can send you publications and information about our products and services that are especially relevant to you. You can also choose the channels we use to contact you (email, phone, post, etc.) and can also opt-out of receiving marketing communications.
You have certain rights in relation to your personal data which include the following:
Access & Portability
You may request access to any personal data of yours for which Euromoney is responsible as controller. Unless there are legal or regulatory reasons for not doing so, we will confirm whether we process any of your personal data and if we do, we will provide you with the following information: the purposes of the processing, the categories of personal data, any recipients of your personal data, the applicable retention period and the data source. Copies of your personal data will be made available to you in a structured, machine-readable format.
You may also request that we transfer the personal data that you have submitted to us, to another controller, where it is technically feasible for us to do so.
If you have consented to our processing of your personal data, or if we are processing your personal data in order to fulfil our contractual obligations to you, then you can submit a request that we transfer your personal data to another data controller.
Rectification, Restriction, Objection
You have the right to request that Euromoney rectify any errors in the personal data that we process. In some circumstances, you may also be able to ask for the erasure of personal data, and/or request that the processing of your personal data be restricted. You may also object to the processing of your personal data for sales or marketing purposes.
How to Exercise Your Rights
To exercise any of these rights, please contact us by post or email at the following addresses:
Euromoney Institutional Investor PLC
8 Bouverie Street
London, EC4Y 8AX
Web form: Complete Subject Data Request Form
We may need to check your identity prior to processing a request.
Euromoney will do our best to respond to any questions and address any of your concerns. You are also able to register any complaints regarding the processing of your personal data directly with the UK Information Commissioner.
Euromoney is committed to keeping your personal data secure and we will take appropriate technical and organisational measures to protect your personal data from loss, unauthorised use, disclosure or destruction. Although we do our best to protect your personal data, we cannot guarantee that any transmission of data is without risk. We have therefore implemented information security policies and rules, staff training on information security, and technical measures to ensure the integrity of data that we have under our control.
All our employees, contractors and data processors (i.e. those third parties that process personal data on our behalf) are required to keep such data confidential and not to use it for any purpose other than the performance of services we have requested.
Our site may contain links to other websites – including, for example, providers of payment processing services. Euromoney is not responsible for the privacy and data collection practices of third party sites and we therefore recommend that you review the privacy policies and terms of service of each site you visit.
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