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  • The Brazilian government has been making concerted efforts to eliminate red tape and generally improve the country's business environment. A new package of measures aims to eliminate bureaucratic procedures to reduce the so-called Brazilian cost - the set of structural and economic difficulties that make doing business in Brazil so expensive. The new rules simplify legal requirements for the creation of security interests in Brazil and improve institutional and legal stability.
  • Mobeen Rana, partner at MR Legal Inn, examines the structure of the international arbitration laws in Pakistan and the attitude of the local courts in interpreting them
  • Jan Haizmann, of Corregio Consulting and the European Federation of Energy Traders (EFET), contrasts Turkey’s ambitions to become a regional hub with its strategy to attract investment
  • The lighter side of the past month in the world of financial law
  • 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.