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  • On March 9 2015, the Malaysian Securities Commission (SC) issued the Guidelines on Unlisted Capital Market Products (Guidelines) under the Lodge and Launch Framework (Framework)
  • Rainbow Insurance (RIC) had been providing insurance services in Mauritius. In 2004, the Financial Services Commission (FSC) carried out an inspection of RIC and finalised a report where it expressed major concerns over RIC's solvency
  • Nicaraguan Congress recently approved law 899, the Investment Companies Law, which was published in the official Gazette 76 (April 27 2015)
  • The same regulatory consideration that drove GE Capital to announce the sale of the bulk of its global assets will also drive who is eligible and willing to buy them
  • The Peruvian Banking Statute, issued in 1997, intended to regulate investment banking activities and established that a licence was required to conduct such activities in Peru
  • Recently, the Nigerian Securities and Exchange Commission (SEC) published the new Rules on the demutualisation of the country's securities exchanges, effectively moving away from non-profit member-owned mutual exchanges to investor-owned limited companies
  • The Philippine Bureau of Internal Revenue (BIR) recently required the mandatory use of electronic tax return forms by the non-electronic Filing and Payment System
  • On February 18 2015, Qatar issued Law 1 of 2015, amending certain provisions of the Labour Law 14 of 2004
  • In its recent press release of May 2 2015, the Central Bank of Republic of Turkey (CBRT) changed its policy of not paying any interest on foreign exchange denominated reserves, which was previously adopted with the Communiqué on the Amendment to the Communiqué on Reserve Requirements
  • A recently adopted amendment to the Commercial Code, effective from January 1 2016, will bring about some changes relating to corporate governance