November 2017
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International Correspondents
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Sponsored
Sponsored
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Sponsored by King & Wood MallesonsPRC regulators have recently outlawed all token financing activity. But the rationale and legal basis behind the decision remain unclear -
Sponsored by HomburgerThe country is again amending regulations applicable to offerings of foreign funds to qualified investors. The changes should be positive - with some notable exceptions
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Sponsored by Maples GroupIn 2014 the Irish parliament passed the Merchant Shipping (Registration of Ships) Act 2014 (the Act) to update the regime for the registration of Irish ships and the regime for registering mortgages over ships. It is intended that the new regime will provide a more efficient, user friendly and accessible regime for commercial ship owners and those involved in financing the construction and purchase of vessels. Among other things the Act provides for the establishment of an electronic ship ownership and mortgage register. It preserves all of the basic protections under the existing regime for banks which have a mortgage over commercial ships. With the exception of one provision, however, the Act has not yet been commenced. Given the potential for the further development of shipping finance in Ireland, it is hoped that the government will soon implement it.
