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Violeta Molina Last year, the Salvadoran Congress passed an amendment to the existing anti-money laundering (AML) law, which has been in force since 1998. The purpose of the amendment was to include under the definition of regulated entities several entities that were not originally covered, and that therefore did not have to comply with the AML law. These entities include: general business corporations; accountants; lawyers; public notaries and any entity that has been lawfully incorporated; as well as financial institutions. The amendments establish new obligations, processes, requirements and sanctions that apply to all regulated entities.

Finra’s approval requirement: considerations for non-US acquirers of US broker-dealers

The city of London is thinking ahead to what post-Brexit Britain will look like, and trying to ascertain which EU principle it would be best to keep to remain at the forefront of the global financial sector

The country restricts the use of some UK security law principles but is looking at ways to harmonise its approach to syndicated lending

The EU’s latest prospectus rules are gathering steam. But uncertainty continues to surround summaries, risk factors and retail denominations

The market is growing but local limitations are hampering its companies’ ability to provide financial assistance for their own acquisitions

Aaron Roi B. Riturban The previous government had adopted an anti-mining stance, imposing a moratorium on the approval of new mineral agreements. As a result, key players in the Philippine mining industry have been cautiously optimistic and looking forward to the positive changes that the new administration might introduce. This was particularly the case when the presidential election frontrunner (who is now the President of the Republic of the Philippines) declared that he would support responsible mining in the country and honour existing mining contracts.

Takeshi Orihara On July 17 2015, the Act partially revising the Trade and Investment Insurance Act was promulgated. It will enter into force on April 1 2017. The Act sets out the organisation of Nippon Export and Investment Insurance (NEXI), the Japanese export credit agency, and the rules of trade and investment insurance.

João Nuno Riquito Rui Filipe Oliveira The significant economic growth that Macau has witnessed since 2002 with the liberalisation of the gaming industry has put significant pressure on the real estate market. Macau is one of the most densely populated cities in the world, meaning that multi-storey buildings with independent units make up the bulk of its property stock.

The lighter side of the past month in the world of financial law