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Indonesia houses geothermal assets that could solve the country’s increasing energy needs, but there are practical difficulties in accessing this clean energy supply. The Government of Indonesia has launched a series of initiatives to address this dilemma

By Tony Budidjaja, Budidjaja & Associates

The Land Procurement Law was designed to facilitate the compulsory acquisition of land for those projects deemed to be in the public interest. But will it provide the boost needed to accelerate Indonesia’s infrastructure programme?

By Hanim Hamzah and Evi Pasaribu, Roosdiono & Partners

More UK private equity house are tipped to diversify investment mandates after the sector’s deal volumes slid again last quarter

The UK’s Association of Investment Companies (AIC) has called for the July 2013 implementation date for the Alternative Investment Fund Managers Directive (AIFMD) to be pushed to 2014

Brazil’s Mensalão corruption case has been closely-watched by the nation, keen to see the end of corrupt practices among high-level officials. But it could undermine efforts to introduce a tough new anti-bribery law

Chinonyelum Uwazie The regulation of market abuse has for many years been the subject of discussions among financial market participants and scholars. It dominated discussions before the recent global financial crisis (see, for instance, Avgouleas, The Mechanics and Regulation of Market Abuse: A Legal and Economic Analysis Regulation, Oxford University Press, 2005), and the crisis has done nothing but heighten the discussions since then. Market abuse is generally perceived as a serious offence that damages investor confidence and the integrity of financial markets. This has caused scholars to argue that the rationale for controlling market abuse is the maintenance of investor confidence among others (RCH Alexander, Insider Dealing and Money Laundering in the EU, Ashgate, 2007). Rider, Alexander and Linklater note that integral to the efficient operation of any market is the maintenance of confidence in the integrity of its functions. (BAK Rider, C Abrams and TM Ashe, Financial Services Regulation CCH Editions 1997, cited in Alexander, Ashgate, 2007).

Project financiers have a new set of environmental and human right standards to build into their risk analysis frameworks

In Hewlett-Packard Co. v Commissioner (TC Memo. 2012-135), the Tax Court recharacterised preferred equity owned by Hewlett-Packard Co (better known as HP) in a Dutch corporation as indebtedness and denied HP foreign tax credits and a capital loss on the exit transaction.