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  • The US central bank is relaxing the regulatory burden for regional institutions, a move that has raised some practical questions in the market
  • John Breslin The Credit Reporting Act 2013 (the 2013 Act) will establish, for the first time in Ireland, a central credit register operating on a statutory basis. The register will be administered by the Central Bank of Ireland (the CBI). The register will replace the Irish Credit Bureau – a scheme currently operated by banks but which has no statutory basis. The new register will establish a mandatory reporting system. The CBI will use it to collect statistical information about consumer and business credit in Ireland. Establishing the register was one of the requirements of the so-called Troika (the International Monetary Fund, the European Central Bank and the European Commission) when Ireland's bail-out programme began in 2010.
  • João Nuno Riquito Bruno Almeida The Macau Gaming Enterprises Staff Association recently renewed the debate surrounding the revision of Law 5/2011, which approved the smoking prevention and control bill. The gaming workers' union is pushing for a full smoking ban on casino premises, on the grounds of a lack of sufficient enforcement of the current bill.
  • Maiko Shimoda On June 3 2016, the Reform Act of the Banking Act, etc (the Reform Act), which includes amendments to the Banking Act, was enacted. Its aim is to respond to the diversification of the form of business management in financial groups and the rapid rate of innovation in information technology (IT). The details of the new regulation will remain unclear until the amendments to the relevant cabinet orders are announced. However, the Reform Act concerning the amendments to the Banking Act has already revealed the new regulatory framework for the banking group.
  • Valdis Dombrovskis, vice president of the European Commission, has said that Brexit means pursuing the Capital Markets Union is even more urgent for the EU economy
  • Since its adoption in 1997, the Model Law has seen a global uptake. But its lack of prescriptive approach has raised many practical questions
  • All the highlights from IFLR's second M&A conference in London last month
  • The Brazilian state-owned energy company has sold gas pipeline networks to boost credibility with investors and increase competition
  • M&A is booming, but the country still ranks 178th on the World Bank's contract enforcement ratings. Local lawyers say this has to improve
  • PKO Bank Hipoteczny’s €4 billion programme has opened a new market after legislative changes in the country