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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.
  • The OECD/G20 led project aims to limit choices limit choices of companies as to where they can locate and how they can structure their activities
  • Markus Federle, general counsel of Samena Capital, examines the burgeoning potential of Asia for private equity investors
  • It's been a year since Donald Trump first took office, and there has been much discussion about how successfully he has implemented his campaign promises
  • China has been stepping up its efforts to tighten regulations to rein in financial risks. The latest moves include strengthening lending regulation for online microloans by banning unlicensed operations and setting borrowing limits. These cash loans typically charge high interest rates and are targeted towards those with limited access to credit, poor credit history and/or who need access to funds quickly. There are over 2,500 online platforms providing short-term loans to 10 million users in China with loans in this sector totalling in excess of RMB1 trillion ($155 billion).
  • With five months to go until the regulation goes live, how are businesses in Asia doing when it comes to compliance?
  • Banks have not been able to engage in proprietary trading since the financial crisis. But reform could be on the cards, says Tom Quaadman, executive vice president of the US Chamber of Commerce’s Center for Capital Markets Competitiveness
  • Matthew Cox Leila Hubeaut Between December 2017 and January 2018 several international firms scaled back their EMEA networks. Norton Rose Fulbright closed offices in Abu Dhabi and Almaty in this period, relocating its staff in the former office to Dubai and exiting Kazakhstan entirely. The firm's Almaty team have established a new local law practice, KM & Partners.
  • Brian McKenna In Australia it was announced in December that Norton Rose Fulbright (NRF) and Henry Davis York (HDY) would merge under the NRF banner. HDY's managing partner Michael Greene is now deputy managing partner in Australia at his new firm and national head of the government practice. The move follows a similar merger for NRF recently with Chadbourne & Parke.
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    Non-EU/EFTA buyers of German targets need to be aware of new notification obligations regarding certain foreign investment transactions in the member state