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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.

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

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.

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.

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

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

News of the Hong Kong Stock Exchange's intent to bid for the London Metal Exchange last month prompted renewed calls for an end to government protections against competition with the HKEx

The Supreme Court of Nigeria recently pronounced judgment on an appeal that would have been a landmark case in Nigeria, had the facts been different, essentially dismissing the appeal on technical grounds

Eight years after the beginning of the production of natural gas from reserves located in Camisea, Peru is seeing the benefits of joint work between the Peruvian government and private investors

In aircraft financing, an aircraft is usually the main collateral for the lenders