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The nominees for IFLR’s 2013 Asia and Americas awards have been announced

The US Securities and Exchange Commission's (SEC) 'Annual Report on the Dodd-Frank Whistleblower Program: Fiscal Year 2012' reveals a programme that is still grappling with many difficulties, lawyers have said.

Carolyn Dong

That Basel III's higher capital requirements will significantly curtail investment bank involvement in large, long-term EU project financings is undisputed. But market participants expect it will be some time before any other lending entity can viably take their place.

Supervisors have taken an increasing interest in structured products recently. But regulating complexity isn’t easy

The Brazilian government has in the last few years announced some important programmes to increase investments in the infrastructure sector in the country. Most of the investments proposed in these infrastructure programmes are to be made by the private sector, especially those related to airports, railways, energy, and others. In many projects the government expects that the private sector will invest and subsequently operate the relevant project under a concession or public-private partnership (PPP) arrangement.

Ten years after its creation, has Hong Kong’s Securities & Futures Appeals Tribunal proved an effective review panel?

Lord Peter Goldsmith The former UK Attorney General has called for a more flexible form of deferred prosecution agreement (DPA) than that proposed by the UK government. For DPAs to be an effective enforcement tool, prosecutors must be able to offer agreeable terms and incentivise companies to self-report, Lord Peter Goldsmith told IFLR. This could be difficult under the stringent approval process the government proposes to introduce as early as next year.

Erik Lind On January 1 2013, the Peruvian Controlled Foreign Corporation Regime (Regime) entered into force. The Regime aims to prevent the deferral of Peruvian Income Tax (IT) on foreign source passive income – such as dividends, interest, royalties, and capital gains – earned by Peruvian Tax Residents (PTR) through the use of Controlled Foreign Corporations (CFC) located in low tax jurisdictions. A foreign entity qualifies as a CFC if, by the end of the Peruvian tax year (December 31) it satisfies the following criteria:

Bank of America's $726 million loan to the Brazilian state of Santa Catarina reflects a radical shift by Brazil's states toward major international lenders.