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The Colombian government enacted Decree 1357 (hereafter the Decree) last July, which regulates crowdfunding platforms in line with the international growth of the industry. This as an attempt to bridge the gap between the supply of funds and start-up businesses.

On July 8 2018 the Cyprus Parliament approved a package of legislative measures aimed at creating market security, stability and growth, and strengthening the legal framework to deal with non-performing loans. The amendments took effect on July 31, when the amending laws were published in the government Gazette. The principal changes are as follows:

As the Brazilian presidential mandate enters the 'lame-duck' period, the federal government's ambitious programme of infrastructure projects is now focused mainly on two calls for bids: one for the highway concession in Rio Grande do Sul State and the other for a group of airport concessions. These calls for bids involve a mixture of innovations that have been long waited by investors, and a few last-minute decisions that are yet to be proven adaptable in practice.

Investments made on behalf of qualified institutional investors have had a specific – and at times complex – regime since 2007

The new regime will be extended to insurers and beyond, as part of a broader conversation about cultural change

Within the framework of the lump-sum taxation (or forfait taxation) regime, Switzerland offers certain individuals the opportunity to be taxed based on their annual living expenses instead of their worldwide income and wealth. The regime is open to individuals relocating for the first time to Switzerland and to former residents returning to Switzerland after an absence of 10 years or more, where those individuals neither have Swiss citizenship nor exercise a professional activity in Switzerland. In the case of married couples, both spouses must meet the requirements. The lump-sum taxation regime has not only proven to be highly attractive for newly immigrating high-net-worth individuals (HNWI), but also for entrepreneurs and investors who, for example, have stepped down from their functions and professional activities before relocating to Switzerland.

The regulator has set its sights on public offering sponsors in cases of listing fraud and listed company misconduct

Issuers should consider potential conflicts between Russian and EU frameworks rules before listing on either exchange

The chairman of HKEX spoke to IFLR about the need to increase the number of women on boards and recent changes to the listing regime in Hong Kong

The situation regarding fintech in the Dominican Republic is not very different from the rest of Latin America. Although there is not a substantial fintech presence in the Dominican Republic yet (there are no official statistics on the matter), given the rise in the use of the internet for e-commerce, social networks and the development of electronic platforms, there is no doubt that start-ups of this nature will continue to emerge more and more. Moreover, this reality is evident considering that multiple banks in the country have incorporated new technology into their lines of business. As evidence of this imminent development, in May 2018 the Dominican Association of Fintech Companies (ADOFINTECH) was incorporated, initially with 19 member companies, with the aim of promoting the growth of fintech finance in the country.