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  • London's future as a global financial hub is looking increasingly difficult to sustain. This is due not only to changes in the regulatory environment – sizeable though they may be – but also the macro-economic environment that poses a challenge to the City's status as the world's financial centre
  • The Management of Financial Crises Law of 2011, as amended by Law 40(I) of 2012 is an enabling measure which regulates the delegation of powers to the Council of Ministers and to the Central Bank of Cyprus (CBC) in order to allow intervention to address liquidity or solvency problems of the financial system and to strengthen the capital base and the financial position of financial institutions in Cyprus during periods of financial crisis where, in the absence of such support, these institutions will cause systemic disruptions in the financial system.
  • The completion of take-private transactions in Germany was traditionally lengthy and prone to attack from professional minority shareholders who took advantage of the rule that every shareholder of a German stock corporation can file an action to set aside a shareholder resolution for violation of the law or the articles of association
  • In 2012 the Greek parliament, under its loan commitments and in coordination with its European partners and the IMF, undertook the obligation to comprehensively review the existing feed-in tariff (FIT) structure and set out a number of alternatives by preparing a plan for the reform of the renewable energy sources support schemes to make them more compatible with market developments and to reduce the pressures on public finances
  • Indonesia's 2007 Company Law requires a company that engages in the natural resources business or activities related to the natural resources business to conduct corporate social and environmental responsibility (CSR) activities
  • Libor is one of the world's most important financial benchmarks. It underpins some $550 trillion in loans, securities and derivatives. Libor-gate will run and run, as it rightly should
  • The first public health infrastructure project to be financed in Peru's capital markets received an investment grade rating, in the absence of government guarantees.
  • Local lawyers have warned of the steps foreign sponsors and investors must take to protect future Bolivian mining projects, following the announced nationalisation of Glencore's local tin and zinc mine.
  • In the span of a week, the Securities and Exchange Board of India (Sebi) has made two significant changes. It has finally notified the SEBI (Alternative Investment Funds) Regulations, 2012, and has overhauled its mechanism for settlement of offences by consent of Sebi and the alleged offender (the Consent Order Scheme)
  • It's an age synonymous with trouble, but Dodd-Frank seems to be bucking the trend in the lead up to its second birthday