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The regulator has recently amended its general method for imposing financial sanctions, sending a signal that compliance is key

Both jurisdictions have similar rules but also some key differences, including in-scope products and entities

The UK High Court’s decision to disregard the votes of a majority of shareholders opposing the sale of their company will likely force those companies using schemes of arrangement to monitor their share register for any unexpected movements

In early March of this year, Indonesia's president, Joko Widodo, issued a new regulation laying out his administration's view of the nation's long-term energy policies and priorities. The plan's detail was formulated by the National Energy Board, and was adopted in the prevailing regulation signed by Mr Widodo.

Ireland's banking regulator, the Central Bank of Ireland (CBI), recently levied a substantial fine on a major Irish banking institution by way of sanction for breach of anti-money laundering/counter terrorist financing requirements (AML). AML has consistently been a primary focus of the CBI's supervisory functions in recent years, including annual themed inspections across the industry to check AML compliance. With the impending implementation in June 2017 of the EU's Fourth Anti-Money Laundering Directive (4AMLD), compliance with AML will continue to be a key issue for banks and financial institutions in Ireland.

There have been several recent legislative developments designed to facilitate establishing and doing business, and taking security interests in Thailand.

On April 11 2017, the Prime Minister issued Decision No 11/2017/QD-TTg on the mechanism to encourage the development of solar power projects in Vietnam (Decision 11). Under Decision 11, Vietnam Electricity Group or its authorised member (EVN) is responsible for purchasing the entire power output from solar power projects, including (i) projects with a licence for electrical operations relating to power generation from grid-connected solar power plants; and, (ii) projects that involve structures installed on roofs or attached to construction works (articles 3 and 9.1 of Decision 11).

According to the Economy and Growth Prospects 2017 report published by the Central Bank of Nicaragua (BCN), the results of Nicaraguan macroeconomic development remain among the best in the region.

On March 30 2017, Japan's Financial Services Agency (JFSA) published its principles regarding customer-oriented business operations, which relate to financial business operators' fiduciary duties.

The purchase of immovable property in the Republic of Panama requires adhesion to specific formalities and solemnities. Among the most relevant are: (i) the contract must be in writing; (ii) the contract must be formalised by a public deed authorised by a public notary of the Republic of Panama; and, (iii) the public deed must be registered at the Public Registry of Panama (PRP).