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  • Article 3 of Law No 136 of August 13 2010 (Law No 136), as supplemented by articles 6 and 7 of Law Decree No. 187 of November 12 2010 converted into Law No 217 of December 17 2010 (Law Decree No 187), introduced new provisions for tracking payments made under public contracts for works, supplies and services in order to prevent criminal infiltrations.
  • Lefan Gong of Zhong Lun Law Firm analyses the different structures investors can use to take advantage of the boom in onshore renminbi private-equity funds
  • IFLR’s corporate counsel survey discovered that our in-house readers are panicked about the UK Bribery Act, US whistleblower provisions and Chinese competition regulations
  • As part of its efforts towards strengthening the Nigerian banking system, the Federal Government of Nigeria recently enacted the Asset Management Corporation of Nigeria Act 2010 (the Act). The Act, which established the Asset Management Corporation of Nigeria (the Corporation) to purchase non-performing loans from Nigerian banks in order to free up the banks' balance sheets, revive lending and restore confidence in the banks, also made substantial modifications to certain aspects of Nigerian substantive law including laws regulating companies, bankruptcy and securities.
  • Rabobank’s Basel III-compliant hybrid bond illustrates how banks can structure capital notes with a write-down feature
  • Hong Kong and China counsel disagree over whether the PRC government should introduce its onshore reforms with more caution
  • The EC's bail-in plans may be bold, but like many of its proposals in the past 12 months, they raise more questions than they answer.
  • As US courts debate the interpretation of the PSLRA's statutory safe harbour for forward-looking statements, issuers must focus on drafting cautionary risk disclosures that are dynamic
  • While there are differences in their approach, the proposed US and EU reforms will have a heavy impact on the securitisation market
  • The need to accommodate JV structures and limit debt at subsidiary level in Chinese high yield has led to a fast development of covenant packages