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When Cyprus became independent in 1960 it retained the colonial-era Limitation of Actions Law, which prescribed the time limits within which claims must be brought before a court. The Limitations Law was suspended in 1964 following inter-communal disturbances. An attempt to reinstate it was made in 2002 with the enactment of Law 110(I) of 2002, which provided that the Limitations Law would re-enter into force with effect from June 1 2005. However, the entry into force of the 2002 Law was postponed by a succession of laws, each temporarily extending the suspension. The last of these, passed in December 2011, extended the suspension until June 30 2012.

On top of being bad policy, transaction tax has little impact on volatility. Knight Capital's rogue algorithm resulted in a $440 million trading loss for the market-maker that made wild trades for 45-minutes before pulling the plug on its new system. Perhaps more concerning to market participates is the trading blunder's potential to rally support for a policy solution that is anything but.

German and French insolvency reforms are trying to deter forum shopping and encourage pre-bankruptcy proceedings. But are they working?

Law Decree No 83 of June 22 2012, converted into law with amendments by law No 134 of August 7 2012, is part of a number of new laws recently enacted by the Italian technicians' government aimed at spurring Italian economy.

Rafael Berckholtz Velarde The rapid economic growth of Colombia and Peru in the past years – the new tigers of South America – as recently described by the Wall Street Journal, combined with Chile, the more mature regional tiger, have sparked an emerging movement towards developing a regional capital market. The recent economic boom, especially in Colombia and Peru, a hunger for new capital to fund growth plans, and pension funds in these three countries with cash to invest have created the right conditions to foster what could be a powerful regional capital market force. Peru, Chile and Colombia share some of the same industries and are familiar with each other's economic histories; a path towards a regional market thus makes economic sense. Issuers and investment banks are increasingly eyeing the three countries as a relevant market to raise capital. Local banks are beginning to think regionally. For instance, in 2011, Banco de Crédito del Perú acquired a 51% controlling stake in Correval and a 60.6% interest in the Chilean brokerage house IM Trust, forging ahead towards developing a regional investment bank. Similarly, in 2011, Munita Cruzat & Claro, a Chilean financial services company, acquired an interest in Seminario & Cía SAB, one of the largest brokers operating in the Lima Stock Exchange. These recent movements suggest that there are vast opportunities to exploit capital and investments regionally.

Many US emerging growth companies find it hard to raise capital at home. Here’s why London and Oslo may provide good alternatives

The winner of the outstanding contribution award for this year's IFLR Middle East awards has been announced

Europe’s securitisation market will be severely damaged if the proposed credit rating agencies regulation comes into effect, as planned, before year’s end

Coller Capital’s acquisition of £1.03 billion of private equity assets from Lloyds Banking Group is the largest unsyndicated secondaries deal ever completed. It reflects the secondary market’s growing popularity as an acceptable way to move capital around

Canadian directors will have the chance to respond to negative vote recommendations by proxy advisory firms if the Canadian Securities Administrators defer to their requests