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Mexico has very good wind resources for power generation in the Isthmus region, Baja California, and Tamaulipas. The Isthmus is one of the most wind energetic places in the world due to the different atmospheric pressures in the Golf of Mexico and the Pacific which generates steady strong winds mostly from the north (Golf). Plant factor in such region is close to 50% which means you can achieve an average yearly power production during approximately 4,380 hours at rated capacity. This is a very large by European standards.

Law 196 of December 31 2009 introduced a major reform to the public accounting and financial system. The new accounting law aims at harmonising the structure of budgets and the accounting rules applicable to the public sector.

Francisca Perez, Morales Besa & Abogados After several years of negotiations, last February 4 the governments of the US and Chile signed a double taxation treaty with respect to taxes on income and capital. This convention will integrate the Chilean treaty network of over 20 agreements as of this date.

Indonesia’s voluntary pre-merger regime failed and notification is now mandatory. But the new rules could be counter-productive

The Tokyo Stock Exchange has amended its rules to allow simultaneous demutualisation and listing – a boost for life insurers

The SEC’s proposed overhaul of Regulation AB is attracting criticism for its introduction of skin-in-the-game and the increase of disclosure required for private placements

Hong Kong wants statutory backing for the disclosure of price-sensitive information. But the exchange and SFC must work together

Opinion amongst lawyers is divided on how far law firms and accountants should go when looking beyond standard legal opinions

US law firm of the year

Mutual funds have been given a greater role in improving Indian companies' governance.