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Japanese internet services company GMO Group has announced that it will start paying a proportion of the salaries of those employees that agree to it in bitcoin.

Brazilian law provides that foreigners can only acquire or lease rural properties if previously authorised by the National Institute of Rural Settlement and Agrarian Reform (INCRA). The same restrictions apply to foreign controlled Brazilian companies. The limitations were imposed on the premise that the acquisition or leasing of large rural areas by foreigners (directly or via local subsidiaries), mainly for agribusiness or mining activities, must be restricted to protect Brazilian sovereignty as regards the country's land and natural resources.

A new regulation in Colombia has the potential to dramatically improve the Colombian financing landscape. The Colombian Central Bank recently began allowing foreign entities to lend Colombian pesos to local entities. Before that, foreign loans could only be extended in foreign currency with the corresponding foreign exchange risk (subject to the ability of arraigning for peso-linked facilities).

The revised rules could trigger a huge shift in banks’ business models

Custodians are already seeing a shift away from standard fixed income collateral for phase four and five firms. They’re now concerned that international legal differences in what’s eligible will slow the process

Investment firms and trade associations are still holding out for an amendment to the rules which will soon catch non-systemically important firms who post either very little or no margin

Trade associations and central banks are lobbying regulators for an ETF-specific regulation as investors worry about being exposed to risk they did not sign up for

The rules aren't fully effective yet, but they're already prompting some issuers to list on alternative venues over more tightly regulated markets. As senior bankers and lawyers explain here, confusion over risk factors and registration documents, plus the potential liability of getting it wrong, is scaring market participants off

Thirty lawyers, regulatory strategists and market structure specialists share their views on trade and transaction reporting in part two of our special report. Respondents from banks, trading venues and APAs are divided over the true meaning of traded on a trading venue, what systematic internalisers can and can’t do and how trading venues should make their data available

Several banks tell us their biggest gripes with the two new investor protection regimes that are forcing an overhaul of business models, from concerns over liability to sheer scope. The rules are applied inconsistently, with some banks disagreeing over the suitability of the exact same product for nonprofessional investors - leaving a huge margin for error