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An evaluation of Regulation R, the latest attempt to implement brokerage push-out

The Reserve Bank of India (RBI) has liberalized India's external commercial borrowing (ECB) guidelines, enabling corporates to raise an additional $250 million of ECB.

New deregistration proposals suggest that European issuers and regulators have a new part to play on the crowded US stage

Financial institutions can now exchange credit information without breaking competition law

Why western firms have difficulty representing Chinese M&A targets

Why international enforcement is becoming more similar to the SEC's model in the US

Amendments to the US Bankruptcy Code have created a boom in derivative-driven structures, such as the SIV-Lite

On January 15 2007, new rules and requirements were introduced that affect banking institutions, the stock markets, investment companies and financial companies when entering into derivatives transactions. The new rules seek to simplify authorization; suppress the opinions of auditors and consultants; grant indefinite and general authorization to enter into derivatives operations; allow banking institutions to conduct derivatives credit operations; add new underlying operations against which derivatives can be written; expand the scope of operations for investment companies; and bring financial companies under the scope of the regulations.

The Anti-usury Act, which came into force on February 20 2006 aims to create an additional protection for borrowers against exorbitant banking charges and usurious interest rates and to reduce and limit activity of various financial institutions offering high interest loans with more than 100% interest rate per annum. The new provisions concern loans worth up to €20,000.

The 2007 Financial Law (Law 296 of December 27 2006) sets out new guidelines for regions and local authorities when entering into derivative transactions, and includes new provisions to be followed for these transactions to be valid.