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Daniel Futej Daniel Grigel Changes to rules governing enforcement proceedings in Slovakia will come into force on April 1 2017. The new rules will only apply to enforcement proceedings commenced on or after that date.

Vu Le Bang Nguyen Thi Thanh Tram On January 1 2017 law no 91/2014/QH13 dated November 24 2015 (Civil Code) took effect, and deemed that the lending interest rate applicable to a loan is the one agreed upon by the parties involved. The agreed lending interest rate, however, must not exceed the cap of 20% per annum. If interest is agreed to be paid without a specific lending rate and the lending rate is disputed by the parties, the rate will be deemed to be equal to 50% of the cap on the lending rate (20%) at the time of repayment (article 468.2 of the Civil Code).

Strasser Capital has become the first in Europe to place a senior secured Climate Bond-certified green loan, opening a new market for financing sustainable projects.

Venezuela's latest sovereign bond issuance has left the market perplexed, with investors unsure of the rationale behind this transaction. Reports in the press point to $5 billion worth of 20-year bonds with a coupon of 6.5% - a far cry from the 20% normally commanded by investors buying debt from the troubled nation and from some of its state-run organisations. This issuance is also the first recorded sovereign deal in the Latin American country in over five years.

Japanese corporates are making a comeback on the global M&A stage, but the government's crackdown on corporate governance irregularities has given inbound foreign direct investment (FDI) an indirect nudge.

Luis Antonio Semeghini de Souza Fabiola Cammarota de Abreu In the prevailing Brazilian economic environment, the potential acquisition of assets without the risks resulting from successor's liability is of great value. The recovery of the enterprise and the productive unit, rather than the recovery of the entrepreneur, is one of the principles adopted by the Brazilian Judicial Recovery and Bankruptcy Act (JRB Act, law no. 11.101/2005).

The more the government restricts the flow of capital, the stronger the demand for foreign money

Elias Neocleous On December 15 2016, the Cyprus Securities and Exchange Commission (CySEC) issued for consultation a draft law dealing with the submission of complaints about regulatory infringements and the protection of persons raising such complaints, together with a draft explanatory circular regarding the implementation of the proposed law.

Following a few steady months leading up to the end of 2016, the past few weeks have in contrast seen an explosion in lateral moves.

Carlos Fradique-Méndez Camilo Vásquez The financial technology (fintech) industry continues to expand globally and many countries have started to regulate the industry with varying approaches. Some countries aim to stimulate innovation, whereas others take an opposite approach, arguing the case for the safety of consumers, and establishing relevant regulations.