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  • The application of the senior managers regime to the sector could cause a talent drain. Brexit is also likely to force firms to change course
  • The two powers are diverging on their approaches to Russia for the first time
  • 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
  • The Companies and Allied Matters Act (Cama) remains at the core of the regulation of business formations through which local and foreign direct investments (FDI) flow into the Nigerian economy. Despite its importance, Cama has proven inadequate, as it is only a re-enactment of the1968 Companies Act with further insignificant amendments in 1990 and 2004. These amendments did not reflect the ever dynamic and innovative global business environment Cama sought to regulate, justifying the need for a complete overhaul of the Act in the face of Nigeria's current commercial realities.
  • It's nearly the end of a very active and exciting year for financial regulation, a year marked by the entry into force of the so-called alphabet soup: Priips, Mifid II and GDPR, to name a few.
  • Secondary loan market participants continue to grapple with who the customer is for anti-money laundering purposes
  • 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 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.