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  • The Financial System Law that came in force in 2004 allowed banks of the Honduran banking system to ‘offer and provide any financial service via electronic means’
  • The House of Representative of Indonesia is discussing draft legislation on land to replace Law 5 of 1960
  • The practice of junior syndicate banks signing away power of attorney privileges on Hong Kong IPOs is causing increased concern among counsel in the city
  • Following a recommendation of the Financial Action Task Force on Money Laundering (FATF) regarding cross-border regulatory cooperation, the Monetary Authority of Macau (AMCM) and the People’s Bank of China entered into the Memorandum of Understanding on the Prevention of Money Laundering and Terrorist Financing (MoU)
  • In 2013, the Companies Commission of Malaysia published a draft of the new Companies Bill (Bill) for public consultation. Following this process, we understand that the Bill will soon become law
  • The Nigerian Stock Exchange (NSE) recently introduced its apex listing platform, the Premium Board
  • The Contrato de Asociación en Participación (Joint Participation Agreement) is an ideal structure for an investor seeking to profit from a business without being involved in its management
  • The Philippine Securities and Exchange Commission (SEC) recently amended the rules implementing the Securities Regulation Code, including the rules on mandatory tender offers (MTOs)
  • Sponsored by Al Tamimi & Company
    In response to the financial crisis leading to the collapse of Lehman Brothers, the Basel Committee on Banking Supervision issued a comprehensive set of reform measures
  • The Swiss parliament passed into law the Federal Act on Financial Market Infrastructures (FMIA) on June 19 2015