Search results for

Marielle Garrigó In an effort to increase the government's income to better balance the annual budget and increase spending on education as a strategic component of economic and social development, the Dominican fiscal system was recently amended by Law No 139-11. The amendments made by such law primarily relate to (i) an increase in the corporate annual income tax rate; (ii) a change in the fiscal system applicable to casinos and other gambling centres; (iii) a new tax on financial assets of banking institutions; and (iv) a change in the system applicable to the importation of goods from Dominican free zones into the domestic market.

German Rodriguez Following the approval of the Insurance Market Regulation Law on July 1 2008, Costa Rica abandoned public sector exclusivity in the insurance industry in favour of market-driven competition. Three years later, the industry has seen the arrival of international insurers and the raising of supervisory standards; nevertheless it has not yet seen the proliferation of innovative products and distribution channels or a significant share market participation of new insurers.

Click here to download the Middle East Guide 2011

The Currency Law will be a speed bump, not a road block to the internationalisation of Indonesian business

CRD 4 is finally here. But questions remain around the Vickers plan, the net stable funding ratio and tier one capital

The United States v Ferguson US Court of Appeals decision illustrates the difficulties facing prosecutors in complex financial transactions

Australian banks shouldn’t ignore incoming netting rules, say lawyers

One year after the passage of the landmark Act, a New York financial lawyer gives their opinion on how the rulemaking process has progressed

Disclosure letters can cause considerable delays and debate in an acquisition, but are valuable for both parties of the deal

Private equity transactions are on the rise in the region. While the European market is a heavy influence, there are local issues investors need to be aware of