Search results for

Daniel Futej Daniel Grigel The Government of the Slovak Republic has decided to institute a unitary health insurance system; this comes in the wake of its approval on 31 October 2012 of the Project for Instituting a Unitary Health Insurance System (the Project). In Slovakia today, there are two private health insurance companies operating in the public health insurance system to be affected by the envisaged system change, along with one other state health insurance company. The Project compares the various options for instituting a unitary health insurance system, and describes the procedure for the voluntary buyout of the shares of private health insurance companies, as well as procedures in the event of expropriation of those shares. These will be laid down in detail in the accompanying act, which is expected to come into force on May 1 2013.

The latest corporate law changes are too prescriptive

Three banks have now settled claims over falsifying Libor rates. Here is a barrister’s view on the charges prosecutors could pursue

A Greek company has issued high-yield bonds without exposing investors to a Grexit or broader currency risks. Here’s how

Carlos Fradique Méndez Lucas Moreno In late December 2012 Colombian Congress passed Law 1607, which introduces significant changes to Colombian tax law, with some provisions particularly relevant to the structuring of inbound and outbound financial transactions. This article, very briefly and generally describes some of the most salient features of the tax reform, with the proviso that the specific details and implementing rules and regulations are to be taken into account in specific cases given the complexity of the subject matters. The tax reform generally reduces the withholding tax rate applicable to gross payments to foreign portfolio investors from 33% to 14%. The 14% rate is generally applicable, unless the foreign investor is located in a tax haven (as indicated in a blacklist to be published by the Colombian Government), in which case the applicable withholding rate would be 25%. While dividends are not typically subject to double taxation, the 14% reduced withholding rate would not apply (and a 25% withholding rate would be applicable instead) to dividend payments subject to taxes in Colombia at the shareholder level.

New beneficial ownership and information disclosure rules affect eurobond and other financing structures in Russia

Dr Daniel Staehelin is president of INSOL Europe, a pan-European professional association for restructuring and insolvency specialists. He works as an attorney and notary public at Kellerhals Anwälte Attorneys at Law and is an honorary professor at the University of Basel in Switzerland. He sat down with IFLR to share his thoughts on the state of cross-border insolvency proceedings in Europe

Japan’s feed-in tariff scheme to incentivise renewable energy investment has been in effect since last July. But foreign firms haven’t taken advantage of its benefits

In January, the Islamic finance information service released its Islamic bonds or sukuk deal flow data. It revealed exactly how far the Islamic finance market progressed in 2012

This forestry company was first Chinese company to be restructured under Canadian law. Here's the deal documentation and key transactional challenges explained