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Noyan Turunç of TURUNÇ discusses how Turkish law governs restrictive covenants in employment agreements

The interest of UK firms in the Australian market shows no sign of abating, with last month's major news being the combination of HERBERT SMITH and FREEHILLS. A partner vote at both firms has confirmed that the merger will occur before the year's end. The development is a shot in the arm for the UK firm, which has faced questions in recent months over its international strategy after the breakdown of its European alliance. This latest news seems to be a clear statement of intent.

The head of legal affairs at the Moroccan Financial Board, Hicham Zegrary, has told IFLR why Morocco is the ideal launch pad for investment into Africa.

Are political event contracts illegal bets or legitimate contingency contracts?

Argentina’s blue-chip swap market is being revived. Here’s how the Central Bank is cracking down

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

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

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

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.

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