Abstract
BABAR-Phos is a very stable polycyclic phosphirane that readily forms complexes with rhodium and platinum. Depending on the oxidation state and further co-ligands, either phosphirane complexes or metallaphosphetanes (as products of a metal insertion) prevail. However, these insertion reactions are reversible. These rhodium BABAR-Phos complexes are active catalysts for the selective hydroboration of olefins.