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  • Deals have picked up – and they're no longer emerging from the traditional financial centres. Instead, banks are finding themselves advising on bonds, mergers and project financings in young legal regimes.
  • Private practice and in-house counsel met at IFLR’s inaugural Indonesia Forum to discuss the legal issues the country needs to tackle to stay competitive
  • As discussed in more detail in a prior column, the Hiring Incentives to Restore Employment Act (Hire Act), which was enacted in March of this year, treats as a US-source dividend any dividend equivalent for purposes of US withholding tax provisions. The effect of this provision, which applies to payments after September 14 2010, is to impose a 30% withholding tax on such payments unless reduced by treaty.
  • In line with his administration's avowed policy of focusing on public-private partnerships as a way of addressing the Philippines' infrastructure needs, President Benigno S Aquino III issued Executive Order No. 8 on September 9 2010.
  • The recent endorsement of the Kuwaiti government's five-year development plan has seen renewed interest from foreign investors in the means available to them to secure 100% ownership of a Kuwaiti company.
  • On October 6 2010 the Securities and Exchange Board of India (Sebi) placed the Draft Securitized Debt Listing Agreement (the Listing Agreement) on its website, inviting comments from various stakeholders.
  • Juan Ernesto Menjivar As part of governmental efforts to reaffirm and revise their internal policies, the Republic of El Salvador and the Government of Spain subscribed on July 7 2008 to a double taxation convention; it became effective on October 8 2008.
  • Hideaki Suda As of September 30 2010, most major credit rating agencies (CRAs) in Japan and local entities of foreign-affiliated CRA groups were registered with the Financial Services Agency of Japan (FSAJ) under the new registration system under the Financial Instruments and Exchange Act (FIEA) implemented on April 1 2010.
  • The Dominican government enacted the Film Industry Law with the aim of stimulating the development, production, dissemination and preservation of Dominican films as a means of communication and cultural diversification as well as an activity of great economic potential.
  • New French banking regulation shows how the Group of 20’s new chair is setting an example for the rest of Europe