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Judges participating in a Hong Kong Competition Commission conference shared experiences regarding the use of specialist courts and mechanisms for adjudicating cases

Differences in approach between working groups in the US and UK are set to be a headache for multicurrency debt programmes. Banks are working with industry groups to prevent a patchwork of fallbacks from developing

The head of the EU clearing house argues the next step is a dialogue amongst regulators on the best definition of systemic importance

Receivership is an important weapon in the arsenal of any commercial litigator

The discovery of pre-salt reservoirs in Brazil dramatically increased the country's oil reserves. There was hope that oil would fund education, health, and infrastructure, but these hopes proved to be unfounded.

The Colombian private equity industry is expanding its boundaries to attract new investors. Local pension funds are increasingly cautious about committing additional capital to new funds given that they are reaching the limits stated in the local investment regime, and they are waiting to review the performance of funds that are reaching their full term.

On September 14, the Central Bank of Cyprus (CBC) published its latest analysis of data on non-performing loans in the Cyprus banking sector. The analysis covered the period to May 31 2018, and showed aggregate non-performing facilities and related indicators for the domestic operations of credit institutions operating in Cyprus.

Throughout history, money laundering has been used in various criminal areas, such as drug trafficking, terrorism, and investment and banking fraud. The subjects practising such activities usually seek out nations that have weak regulation and supervision of these matters.

On June 8 2018, the Act to Partially Amend the Consumer Contract Act (Amendment) was published by the Japanese Diet and is scheduled to come into force on June 15 2019. The Consumer Contract Act is intended to protect the interests of consumers, and address circumstances of disparity in the quantity and quality of information and bargaining power between consumers and business operators. The Amendment, among other things, sets forth the circumstances where a contract may be unilaterally cancelled or where unreasonable clauses may be considered invalid.

On July 6 2018, the 196th ordinary session of the Diet passed the Work Style Reform Act (Act) into law. The Act, which amends the Labour Standards Act (LSA) and other laws and regulations concerning working hours and annual paid leave, is intended to ensure that employees do not work long hours and enjoy a diverse work-life balance that suits their individual circumstances.