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For securities issuers, the Capital Markets Board of Turkey (CMB) entered the New Year like Santa Claus, home from his travels with a holiday bag full of leftover gifts. The chief regulation governing public offerings and private placements – Communiqué Serial No: I/26 on Principles of Registration with the CMB and the Sale of the Shares – is expected to be replaced by a Draft Communiqué soon. The key areas of proposed change concentrate on the public offering process, the private placement alternative strengthened by sale to qualified investors, the shelf registration system, and the sale of shares of companies listed in the emerging companies market (ECM).

China private equity, hopefully, now has a workable onshore way to exit investments

Arguably, Romanian banks survived quite well though the financial crisis and presented a strong solvency degree in a rather distressed macroeconomic climate. For instance, pursuant to the data published by the National Bank of Romania (NBR), in 2008 the banks active on the Romanian market were in compliance with the capital adequacy requirement of 8% and at the end of the same year, had an average capital adequacy ratio of 12.3%.

It's interesting to get a Dutch perspective on how borrowers have responded to banks attempting to charge increased costs under Dutch law governed loan documentation.

Regulatory capital rules could destroy innovation that funds pensions and much more

Costa Rica's Financial Supervision Council (Conassif), the national agency entrusted with banking oversight, declared a state of intervention over Coopemex on February 17 2010. Coopemex is Costa Rica's third largest financial cooperative, which operate as savings and loans associations.

Banking secrecy was once considered the crown jewel of banking principles. Historically, it can be traced back to Switzerland, where banking secrecy was sought as a protection for investor assets, against war and banking persecutions such as the 1931 crisis, when Germans with foreign capital were criminally prosecuted and sentenced to death. Banking secrecy also served an economical purpose: to rebuild Swiss banks and part of the European economy after WWII, by offering clients trust and confidentiality.

An amendment to the Credit Institutions Act (CIA) that entered into force on March 31 2009 followed by the new Regulation 26 dated April 23 2009 on Financial Institutions issued by the Bulgarian National Bank (BNB) introduced stricter regulation of non-banking financial institutions.

How Roche bought Genentec, Sinopec did the largest ever Chinese outbound buyout, and other corporates took advantage of vulnerable US targets

Bank of America’s Common Equivalent Securities, the first Indian SEC-registered convertible in the US and other ground-breaking deals examined