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  • Market participants in Myanmar are querying the validity of an alleged new draft of Myanmar's foreign investment law, obtained and leaked by Reuters on March 16, and have branded the significance of the proposed changes as over-hyped.
  • Following the release of the EC's shadow banking green paper, lawyers are concerned about how regulators are going to be internationally consistent in their oversight of the industry.
  • What hurdles remain for foreign investors in Myanmar?
  • The success of Saudi Arabia's first sovereign Islamic bond might signal a new era for Saudi's nascent debt markets.
  • The development coincides with the US government's renewed push to promote tax credits offered to renewable project sponsors in an effort to attract more, and a broader range of, companies to invest in the sector. It is hoping the benefits of tax-equity structures will incentivise those who would have been lured by the expiring two-year federal cash grant programme.
  • In a little under 12 months Myanmar has gone from one of the most economically isolated states in the world, to the latest and, for many, most enticing frontier market. Thanks to a series of reforms across the country's political and economic landscape, previous obstacles to foreign investment are gradually being lifted after years of harsh economic sanctions.
  • The IFLR Asia awards saw 200 in-house counsel and private practitioners gather at Hong Kong’s Island Shangri-La Hotel on February 23 to watch Linklaters awarded international law firm of the year. William Hay of Barings Private Equity was awarded outstanding in-house contribution, Apra’s John Laker won te regulatory contribution award and David Webb picked up the contribution to market reform prize.
  • Amendments to Germany's bankruptcy code, introduced on March 1, are expected to create an insolvency culture that encourages reorganisation rather than liquidation.
  • The International Finance Corporation's (IFC) subscription on March 5 to a warrant issuance by China waste-to-energy (WTE) projects company, C&G Environmental Protection Holding will bolster its involvement in the country's nascent renewable energy sector.
  • It's not often New York is criticised for its conservatism. But it's difficult to side with the New York State Bar Association (NYSBA) in its battle with the American Bar Association (ABA) over law firm ownership.