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  • IFLR's latest primer looks at how the requirement for banks to be able to absorb losses on their own has evolved since the financial crisis
  • The Australian airline will be able to mix and match aircraft used as security to achieve regular pricing adjustments
  • Markets may care about responsible investing but only some companies have made significant inroads
  • The Mexico City Airport Trust (Nafin) has issued a $4 billion green bond to finance a new international airport in Mexico City. The largest green bond ever to be issued worldwide, it is backed by a securitisation drawing from passenger charges at the existing Aeropuerto Internacional Benito Juárez and the planned replacement airport once it becomes operative.
  • According to reports, Houston-based Andrews Kurth Kenyon and Virginia-based Hunton & Williams are discussing merging practices.
  • Sean Lacey Pierantonio Musso In Latvia – in the latest chapter of the long-running firm merry-go-round that has been the Baltic legal market in recent years – the local branch of Swedish firm Magnusson announced it has split from its former network and joined pan-Baltic group Glimstedt. Following the merger of its Latvia team Glimstedt & Partners with Ellex in February, Glimstedt had lacked a presence in Riga for the past eight months. Its new office is now managed by partners Aldis Kalinks, Ivars Kronis, Valdis Kronis, Agnese Medne, and Lauris Zubulis.
  • The Commission: bringing up the walls with EU rulemaking
  • Technology plays a major role in the development of financing alternatives, and investors and consumers are eager to access funds in a more expeditious and efficient manner. In fact, investors would relish the efficiency of tasks such as due diligence and disbursement being possible at the click of a link, without having to enter into complex negotiations and long drafting sessions. This new reality brings with it new challenges, not only for financial entities but also for regulators and lawyers. Fintech is a reality that imposes financial regulations and allows business to evolve.
  • There has been a continuing shift in the Philippine intellectual property (IP) landscape, beginning with the passage of the Intellectual Property Code (IP Code) in 1997. Coming into effect in 1998, the IP Code resulted in the harmonisation of Philippine IP laws with international standards. In 2014, due to the strengthening of IP enforcement activities, the Philippines was removed from the USTR Special 301 Report, a yearly report released by the US which assesses the level of IP rights protection and enforcement provided by countries with which it has commercial activity. The fact that the Philippines has remained outside the watch list for four years now proves its commitment to sustaining its intellectual property reform. Now, the government's objective is to develop IP as a catalyst for economic development.
  • The Slovak Commercial Code is set for sweeping changes, most of which, if signed by the president, will come into force in January 2018.