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Anheuser-Busch InBev landmark £79 billion takeover of UK rival SAB Miller could face some interesting times ahead, after the UK High Court ruled that two of the target's main shareholders had to be classed separately when voting on a scheme.

Keith Noreika The past month witnessed a bit of a slowdown in terms of lateral moves in the US. In contrast to the previous two months, there were no multi-partner jumps from one firm to another, and fewer partner moves overall.

Credit enhancement initiatives are restoring investor confidence, and helping boost infrastructure projects

Elias Neocleous In June 2016 the Cyprus Securities and Exchange Commission (CySEC) issued circular 143, which clarifies the effect of recent amendments to article 62 of the Prevention and Suppression of Money Laundering and Terrorist Financing Law of 2007. Article 62 sets out the requirements regarding verifying the identity of clients and beneficial owners.

Oene Marseille Emir Nurmansyah The Financial Services Authority of Indonesia (Otoritas Jasa Keuangan, or OJK) is expected to release a circular letter abolishing the mandatory tender offer requirements for participants of the tax amnesty programme that buy or become the controller of more than 50% of the shares of a public company.

James Sattin While this summer's grand inauguration of the expanded Panama Canal has rightfully taken centre stage in the conversation on Panama's role in facilitating international trade, other more subtle efforts by the government are also beginning to produce noteworthy results. In particular, in April Panama's legislature passed Law 8 of 2016, which, among other things, restructured the Colon Free Zone. This is a long-standing international free trade zone located in the city of Colon on the Atlantic side of the Panama Canal. Law 8 replaced the 68 year-old Law 18 of 1948, which was understandably in need of modernisation.

A Global Financial Markets Association (GFMA) report has highlighted risks stemming from post-crisis Basel reforms, suggesting a cost-benefit analysis of existing and proposed bank regulation.

Doo-Soon Choi In Australia, WHITE & CASE opened two new offices in Melbourne and Sydney after raiding Herbert Smith Freehills for an eight-partner team. This includes Asia-based finance head Brendan Quinn, regulatory partner Tim Power, projects partners Andrew Clark, Joanne Draper, Jared Muller, Alan Rosengarten, Josh Sgro and Joel Rennie. Elsewhere independent GILBERT + TOBIN hired partner Justin Mannolini in Perth. He is a former Macquarie Capital investment banker.

Managers could benefit from the extension of the current EU passporting regime. Work is underway to develop a suitable regulatory framework

In the aftermath of the 2009 global financial crisis, international financial regulatory bodies such as the Basel Committee on Banking Supervision scrambled for answers to one key question: what caused the crisis. Although there were many causes, regulators uniformly concluded that a lack of sound corporate governance practices was one of the root causes of the crisis. It was said that boards of directors that were asleep at the helm, so-called runaway CEOs, figurehead audit and risk committees, and a lack of checks on moral hazard, were to blame for many of the problems.