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  • It has been more than three decades since the enactment of the law that regulates the Fideicomiso. The Fideicomiso, in general terms, is the legal act whereby a settlor transfers assets to a fiduciary (trustee). The trustee in turn agrees to manage those assets according to the provisions established in the Fideicomiso instrument (trust), for the benefit of a beneficiary, which could be the settlor itself.
  • Effective May 25 2018, the existing Data Protection Directive 95/46/EC and the Slovak data protection act will be replaced by the new EU General Data Protection Regulation (GDPR). Although the GDPR will be directly applicable in all EU member states, certain national particularities will remain even after the GDPR comes into force. A new version of the data protection act in Slovakia that accounts for the GDPR is in the process of inter-ministerial consultation and will replace the existing data protection act.
  • In this digital age, the value of data is increasing exponentially. Digital information is everywhere. It is generated, collected, analysed, stored, shared and sold for personal, business and political use. With such rapid growth, strong data protection rules must be in place to maintain privacy and prevent abuse in the disclosure of personal information. Recent events have also shown a steady surge of data breaches which further highlight the importance of data protection.
  • Foreign investors are now permitted to run companies themselves in a bid to attract investment and boost growth
  • Terra Firma has replaced £4 billion ($5.2 billion) of securitisations issued by portfolio company Annington Homes with a combination of new equity, bonds and bank debt.
  • Altruism is not a word that appears often in connection with the financial sector. When it comes to the Venezuelan bond market, however, there is a strong argument that it should.
  • As we approach the 10-year anniversary of it all starting to go south in the global financial markets, UK regulators have decided that now is the time to replace the London Interbank Offered Rate, more commonly (and sometimes even affectionately) known as Libor.
  • Recent legislation may have unified the country's insolvency and bankruptcy proceedings, but the threshold for commencing the process could be a problem
  • Authorities are intent on changing the corporate law framework in line with modern practices
  • There's a new kid on the block in the Brexit relocation game: Amsterdam. Japan's largest bank, Mitsubishi UFJ Financial Group, is rumoured to have chosen the Dutch capital as the new base for some of its EU investment business, as have RBS and a number of electronic trading operators.