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While this could be positive development, issues of cross-border applicability and governance analysis need to be ironed out

Wide-ranging financial regulation has caused many to take alternative career routes and this could have a counter-productive impact on industry compliance: http://bit.ly/2GAhw8j

Since September 21 2017, the Colombian regulatory authorities have focused their efforts on enacting regulations that provide supervision to financial conglomerates and demand certain financial and corporate governance standards from the companies and the vehicles involved in the composition of such groups.

The Cyprus Securities and Exchange Commission (CySEC) has issued a circular notifying issuers of securities which are listed for trading on the Cyprus Stock Exchange or any other regulated market of its priority issues for financial statements and annual reports for 2017. CySEC's priority issues are identical to those set out in the latest Public Statement on European Common Enforcement Priorities published by the European Securities and Markets Authority (Esma). The Public Statement sets out the priorities jointly agreed by national supervisory authorities of the countries of the European Economic Area in relation to financial statements for the year 2017 regarding the implementation of international financial reporting standards (IFRS), with the objective of achieving consistency in the application of the IFRS in Europe.

Over two months in, and the new rules are not having the impact they were initially expected to

Bad loans continue to haunt China. Getting rid of them for good is no easy task

Initial coin offerings (ICOs) or token sales as alternative financing methods continue to generate increasing interest – in Switzerland in particular. ICOs conducted out of Switzerland between January and October 2017 raised between $550 and $650 million, which represents approximately one quarter of the volume of ICOs worldwide (including four of the 10 biggest ICOs so far). In our view, despite certain legal and regulatory challenges, ICOs have to be considered a potentially attractive financing method, in particular for startups, as certain disadvantages of traditional financing methods may be avoided or mitigated.

2017 was a record year for green bonds, as total value reached $155 billion, with a growing number of issuances coming from Asia. China contributed $36.4 billion to the total, just after the US and France. India however was only in ninth place in spite of very ambitious renewable energy targets. The majority of issuances came from banks, which were responsible for 74% of total issues.

The member state is looking to launch a so-called bad bank to tackle its pile of sour debt. But some obstacles lie ahead

An amendment to the act on employment services slated to enter into force on May 1 2018 will have a substantial impact on the employment of third country nationals.