This contribution concerns prospectus liability and critically analyses the CJEU's recent Kolassa and Profit judgments as well as pending case Universal Music. The authors argue that jurisdiction and choice of law clauses in a prospectus must be upheld and that Kolassa is wrong to conclude that...

This paper presents the second set of PRGT borrowing agreements that have been finalized through April 2023 as part of the loan mobilization round launched in July 2021 to cover the cost of pandemic-related lending and support the self-sustainability of the Poverty Reduction and Growth Trust...

This paper presents the first set of Poverty Reduction and Growth Trust (PRGT) borrowing agreements that have been signed to respond to the unprecedented demand for concessional financing during the COVID-19 pandemic. A fast-track loan mobilization round has been instrumental to allow the Fund...