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The Austrian Stock Corporation Act was amended with effect as of July 1 2012

Brazil’s infrastructure investment needs have outstripped traditional funding. Project bonds have been touted as a good alternative

A global sukuk market is developing. Here are the lessons being learnt by the countries, and companies, leading the way

As anyone who knows Brazil is aware, one of the main bottlenecks for its economic development is the state of the infrastructure in the country

Security agents are a great source of comfort for syndicate members. But when dealing with a French borrower or collateral, it’s crucial to choose the right form of agency

On May 8 2012, China's Ministry of Human Resources and Social Security (MOHRSS) issued draft national rules regarding application qualifications and procedures for overtime exemptions under the flexible working hours system and the comprehensive working hours system

Beginning on January 1 2013, the US Foreign Account Tax Compliance Act (Fatca) will impose a withholding tax of 30% on any United States-sourced income received from any offshore funds or foreign financial institutions (FFIs)

Since this author's last article ('Costa Rica's insurance market three years on', IFLR September 2011), the insurance industry in Costa Rica has experienced important growth, according to most of the market indicators revealed by the supervisory authority SUGESE

Due to factors such as the high yen exchange rate and the Great East Japan Earthquake in 2011, the Japanese economy remains fragile and uncertain

Ana Luisa de Gordillo During the financial crisis of 2007, banks and banking supervisors around the world were reminded of many lessons. One of the causes of the crisis was the deterioration of the capital base of banks; as a consequence, banks were not able to absorb credit losses. Loans are one of the main assets in which banks invest the money they obtain from depositors. Banks are then required to guard these assets from the inherent risk in order to anticipate the consequences of their deterioration. In 2008, the Basel Committee on Banking Supervision published its principles of sound liquidity, risk management and supervision, and developed a framework aiming to strengthen global capital and liquidity rules for banks. The objective, as stated by the Committee, was to improve the stability of the international banking system aiming at stronger risk management practices.