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  • By Alok Sinha, Deloitte Risk and Financial Advisory principal, and Marco Kim, Deloitte Center for Regulatory Strategy senior consultant
  • Sponsored by PwC
    By Antonios Koumbarakis, Manager, PwC Legal FS Regulatory and Compliance Services and Guenther Dobrauz-Saldapenna, Partner, Leader PwC Legal Services Switzerland & Leader PwC Legal FS Regulatory and Compliance Services
  • By Daniel Kalt, Chief Economist Switzerland at UBS, and Alessandro Bee, Senior Economist in UBS’s Swiss Economic Research branch
  • Comments published by a wide array of industry agencies show that there is significant clamour to change the 2010 rule, but that the latest proposals are not perfect
  • Financial regulators are focusing on prevention and enforcement monitoring
  • Sponsored by Maples Group
    The Irish Court of Appeal recently handed down an important decision which will impact default interest provisions in Irish law loan agreements. In Sheehan v Breccia/Flynn and Benray v Breccia, the court considered whether a provision for default interest in a bank's standard terms and conditions should be struck down as a penalty. This is a highly technical question, but one which is important for banks and borrowers, and for other market operators.
  • Nine years after it first stepped in to regulate the e-money sector in Indonesia, the central bank (Bank Indonesia) has responded to technological change by issuing a new regulation to supersede Bank Indonesia Regulation 11/12/BIR/2009 on electronic money (BIR 11/12). Besides making the necessary changes to encompass the latest developments in the e-money sector, the new regulation – Bank Indonesia Regulation 20/6/BIR/2018 (BIR 20/6) – also places restrictions on foreign ownership and introduces new minimum capitalisation requirements for all e-money issuers.
  • Click http://bit.ly/IFLRMandA-survey to take a short survey on why some mergers don't close
  • With the deadline for public comment approaching, whether the CRA needs to be fully overhauled or simply reworked remains to be seen
  • The Commission tells IFLR that financial identifiers have a key role to play