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  • Plans for a European banking union have been a long time in the making. Since 2012, the EU has been in conversation with member states to strengthen the bloc against economic shocks. These conversations have intensified over the last few weeks but Germany's acting finance minister Peter Altmaier said that clarifications on risk sharing and reduction need to be made in order to proceed to the next stage.
  • Alex Baker, director of competition advisory boutique Fingleton Associates, finds issues with the UK’s targeted merger strategy and its wide margins of discretion
  • It has been nearly five years since the skin in the game requirement was implemented. Has it made a difference?
  • Steve Mickelsen, General Counsel, 3Degrees Group and Martin Dunn, Senior Counsel, Morrison & Foerster offer their views on this hot topic
  • The Eastern Economic Corridor (EEC), covering the Rayong, Chonburi, and Chachoengsao provinces, is part of the Thai government's Area-Based Development Policy and is intended to implement the Thailand 4.0 policy. The goal is to make the EEC ASEAN's leading centre for trade, investment, and logistics. To achieve this, the Board of Investment (BOI), established under the Investment Promotion Act (1977), encourages both foreign and domestic investment through tax and non-tax incentives. The EEC Bill was approved by the NLA on February 14 2018 and will soon be enacted as an Act.
  • IFLR's fifth annual Merger Control Survey was conducted on a global basis over a two month period. Based on the responses, legal systems in each jurisdiction have been rated on a spectrum that ranges from predictable and light touch regulation to unpredictable or highly intrusive regulation. The ratings do not indicate whether or not a particular approach is justifiable or reasonable.
  • Caroline Jury Eduardo Fiordiliso In Egypt, Gide Loyrette Nouel became the first French law firm with a presence in the country after launching in the capital, Cairo. Senior partner Baudouin de Moucheron will lead the new branch.
  • In furtherance of the Iosco principles, the Colombian Securities Market Self-Regulatory Organisation (SRO) has adopted a number of compliance-related certification requirements and is about to issue a comprehensive review of self-regulation guidelines for the foreign exchange (FX) market.
  • The Agreement Abolishing the Requirement for the Legalisation of Foreign Public Documents (Hague Convention on the Apostille ) (Convention) was signed in the Hague, Netherlands, on October 5 1961. The Convention aimed to specify the process for legalising documents through a consulate in one of the contracting states for use in any of the other contracting states.
  • Numerous changes to the Slovak Income Tax Act were adopted in late 2017. We believe the most important of these changes were the tax exemption on the sale of shares and ownership interests, and the introduction of a new exit tax.