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Ashley Lee

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  • The effectiveness of material adverse change clauses are being whittled away in Australian public M&A, a recent report has revealed
  • Diversity requirements introduced by the Hong Kong Stock Exchange one year ago have had little effect, a new study has revealed
  • The Stock Exchange of Hong Kong's highly-anticipated concept paper on weighted voting rights furthers the market's debate on non-traditional shareholding structures.
  • The Republic of Indonesia structured its recent sukuk to permit greater flexibility in its underlying assets. Other sovereigns are expected to follow.
  • More than a year after a Jakarta court ruled a loan agreement void because it was not translated into Bahasa Indonesia, lawyers are still uncertain about local language translation requirements
  • RBI has, once again, changed its mind on temporary write-downs The Reserve Bank of India (RBI)'s amendments to its Basel III guidelines buck global trends on write-downs and on retail investors participating in the regulatory capital market. The amendments, notified on September 1, included several surprising elements. They reintroduce temporary write-downs to the market – after a previous notification said that they would no longer be permitted – and now permit retail investors to buy Basel III-compliant bonds.