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  • Similar rules now apply to both online and bricks-and-mortar lenders
  • New rules were incorporated into the Commercial Code as of January 1 2018 that broaden the liability of the statutory bodies of corporations and members of trading companies.
  • The Securities and Exchange Commission (SEC) issued the new implementing rules and regulations (IRR) of the Investment Company Act (ICA), replacing the 1998 ICA Rule 35-1. The new set of rules, which took effect on January 26 2018, aims to develop the Philippine capital markets and help prepare investment companies to qualify for and compete in international cross-border transactions by aligning the rules with global standards and practices.
  • On June 12 2018, the Brazilian federal government enacted long-anticipated changes to the country's mining legislation in an effort to foster investment in the sector.
  • Shihani Soysa Chune Loong Lum In China, Linklaters announced that it has received regulatory approval from the Shanghai Bureau of Justice for its joint operations with Zhao Sheng Law Firm.
  • Forty-eight hours after Britain finally devised some sort of framework for its negotiation with the European Union, Brexit secretary David Davies resigned and was replaced by housing minister Dominic Raab, foreign secretary Boris Johnson resigned.
  • Are common financing terms becoming the norm in the world’s main credit markets?
  • The Supreme Court of Singapore’s Justice Aedit Abdullah discusses the country’s recent overhaul of its restructuring and insolvency framework
  • What factors make a difference for managers in EU private equity deals?
  • In December 2016, the government approved the principles for the establishment of the first three special administrative-economic units (SAEUs) in Vietnam, including Van Don (Quang Ninh), Bac Van Phong (Khanh Hoa) and Phu Quoc (Kien Giang). According to the final draft of the law on SAEUs which is scheduled to be voted upon by the National Assembly in June 2018, each SAEU will focus on different specialised industries: