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  • Important lessons have been learnt following a series of high-profile restructurings in Latin America. These are the issues would-be investors must consider
  • Zeynel Tunc and Asli Kehale Altunyuva of Paksoy examine the continuing liberalisation of Turkey’s oil and gas market
  • The International Finance Corporation's (IFC) investment into Bhutan National Bank (BNB) is the largest foreign direct investment into Bhutan. It signals growing interest in the fast-growing frontier market.
  • A better approach to keeping banks on benchmark panels? Regulatory compulsion is shaping up as a key battleground in benchmark rate reform, as more banks quit rate-setting panels. New rules governing the London Interbank Offered Rate (Libor) that took effect in April keep panel participation voluntary, for now. But the European Commission has warned banks may be forced to submit to the Euro Interbank Offered Rate (Euribor).
  • Chinese state-owned entity (SOE) China Minmetals has issued the largest single-tranche offshore renminbi bond among state-approved issuers. It highlights how these issuances have evolved since Baosteel's first offshore renminbi bond.
  • Are multiple administrators key to improving Libor?
  • Ed Sheremeta, Skadden Arps Slate Meagher & Flom Kenji Taneda, Morrison & Foerster There was more news from South Korea this month, as HERBERT SMITH FREEHILLS became the latest firm to be granted a licence to practice in the country. The new office will be led by disputes partner Tony Dymond and corporate specialist Lewis McDonald and the team will focus on M&A, projects, antitrust and disputes. Similar news emerged from China where the country's Ministry for Justice granted ASHURST a licence to open a representative office in Beijing. Patrick Phua will lead the new office, having joined from legacy Mallesons last year, which will focus on banking and finance work.
  • Investors that passively accept real estate and A shares as the only viable Chinese targets are leaving value on the table
  • The region’s capital markets specialists reveal how to navigate Europe’s regulatory and market uncertainties over the next 12 months
  • A growing number of foreign companies have become ensnared in the FCPA net while doing business in India. Here’s how to avoid a similar outcome