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Xiao Yong Rose Zhu In Australia, former Allens chief executive partner Michael Rose, started a new Sydney-based role as special adviser with KPMG, providing the firm's leadership teams with insights supporting growth initiatives. MINTERELLISON bolstered its M&A practice by bringing in Perth-based partner, Paul Shillington, who was previously chief legal officer and corporate secretary at Geneva-based Oryx Petroleum, and PINSENT MASONS launched its flexible lawyering service–a disruptive innovation in the form of alternative legal services – Vario in Australia, its first move outside the UK.

Technology for technology’s sake won’t help address the current business puzzles financial institutions face, nor will it solve regulatory challenges in the EU

The Irish Court of Appeal has recently confirmed that the sale of a bare right of action to litigate in the Irish courts is invalid under Irish law (SPV Optimal SUS v HSBC Institutional Trust Services (Ireland) (2017)). This may be unwelcome news for particular sectors of the distressed debt market. However, the decision will be welcomed by depositaries, managers and other fund service providers. Further, it is clear that the decision has no impact on the regular market for the transfer of loan portfolios and other debt (for example, as part of collaterised loan obligation deals).

On April 5 2017, the Brazilian Securities Commission (CVM) enacted a new regulation that could enhance the country's equity and capital markets, which have been severely impacted by the recent economic and institutional turmoil.

A recent UK Supreme Court judgment has confirmed that when interpreting a contract, the wider context in which it was agreed should always be considered

Germany’s insolvency reform may have improved options for distressed companies but a recent court decision on the tax treatment of waivers of debt has complicated matters

New rules in respect of certain aspects of securities held by intermediaries have been in force since April 1. Some practical issues still need to be ironed out

Since 2003, the Central Bank of Cyprus has maintained a database known as the Central Information Registry (CIR) to record details of issuers of dishonoured cheques. It is administered by a committee, which has the sole competence to register, maintain, update and delete data regarding registered persons.

In a bid to better conform to international standards and improve the quality of information disclosure, the Financial Services Authority of Indonesia (OJK) issued a new regulation in March 2017 detailing public disclosure obligations of certain shareholders of Indonesian public companies.

The Bangko Sentral ng Pilipinas (BSP), the central monetary authority of the Philippines, has issued circulars amending the country's foreign exchange regulations, to provide greater ease in transacting foreign exchange, among other purposes.