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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).

While uncertainties remain as to the new rules, they could have some wide ramifications for companies doing business in the country

Paul Boltz Serena Tan Li Chen In Australia, DLA PIPER announced that it would be shutting its office in Canberra as part of a wider strategy to close down less profitable locations. The move follows similar closures in Berlin and Tbilisi, and leaves the firm with four offices across Australia in Brisbane, Melbourne, Perth and Sydney.

First of many IRB InvIT’s IPO was the first in India to test Sebi’s guidelines on the classification of a trust

Yozua Makes and Prawidha Murti of Makes & Partners examine the practical challenges found when a party attempts to enforce a foreign arbitral award in the Indonesian courts

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

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.

The EU directive has disoriented the investment research market. Will it find the correct path forward?

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).