intense, in-depth exchanges with a company’s management or board, often extending over more than a year. Typically, they are initiated with a formal letter to the board, followed by multiple in-person
reducing the problem of maturity mismatch when commercial banks taking short-term deposits but extending long-term loans instead, and the problem of currency mismatch when foreign loans are borrowed with
free trade agreement will be ongoing. The deadline for extending this transition period has passed. While this does not entirely remove the prospect that the transition period will be extended (for