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It’s crunch time for the revised Markets in Financial Instruments Directive. Esma must heed the industry’s concerns over liquidity, costs and access to prevent disaster in 2017

The India Export-Import Bank's green bond has become the first offshore offering of its type from the country. And its unusual use of proceeds could facilitate more deals.

Daniel Hayek, Christina Meyer and Chantal Joris of Prager Dreifuss examine the revised Swiss insolvency law and its implications for debtors and creditors

Last year yieldcos were heralded as renewable energy’s hottest new financing structure. But the model must adjust

Mark Brown and Alex Ping of Al Tamimi & Company look at recent developments in the UAE legal system affecting the financial sector and the establishment of the Abu Dhabi Global Market

Chinese companies must wake up to the realities of operating in the US Chinese companies making acquisitions in the US should expect increased litigation risk, according to counsel in both countries. The best form of protection is distance between the parent and subsidiary. There's been a tangible increase in the number of Chinese firms purchasing US factories, plants and real estate in the country over recent years. In the past, litigating against a Chinese company was perceived as fruitless because it was difficult to collect on a ruling. But with those companies now holding more assets in the US, there are more opportunities for them to be seized.

Market participants have warned about liquidity shortages and market volatility as possible causes of the next so-called black swan event.

Companies will be forced to be more innovative in their funding The Reserve Bank of India's (RBI) recent proposal to further limit banks' exposure to a single corporate and connected parties could prompt companies to tap the local debt capital markets. In a March 27 discussion paper, the regulator proposed capping exposure to connected counterparties at 25% of a financial institution's eligible capital base.

Elias Neocleous At the end of January 2015 a number of detailed amendments were made to Cyprus laws regulating the financial and investment sector to align them with EU legislation. The principal changes were to the Takeover Bids Law of 2007, Alternative Investment Fund Managers Law of 2013, and the Business of Credit Institutions Law of 1997. Law 7(I) of 2015 amends the requirement contained in article 13(1) of the Takeover Bids Law for a mandatory bid to be made when a certain percentage shareholding is reached. Following the amendment, this requirement does not apply in the event that the acquisition (or possession) of titles arises due to the application of resolution tools, powers and mechanisms provided for in title IV of the EU Bank Recovery and Resolution Directive. This is in line with article 119 of that directive.

Oene Marseille Emir Nurmansyah The central bank of Indonesia, Bank Indonesia, has issued regulation 16/21/2014, which is effective as of January 1 2015, requiring all non-exempt, non-bank entities to comply with certain minimum hedging, liquidity, credit rating, and reporting requirements when they take out foreign loans. The regulation applies to all foreign loans, which is defined broadly to include all rupiah or foreign-currency denominated debts owing by a resident of Indonesia to a non-resident. Resident of Indonesia includes any person or legal entity that is has been or plans to be domiciled in Indonesia for at least one year.