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  • Oene Marseille Emir Nurmansyah In July 2016, Indonesia's president Joko Widowo issued a new regulation clarifying a previously issued presidential regulation which had set a minimum authorised capital amount of IDR 50 million (approximately $4,000) for the establishment of companies.
  • Edgar Herrera In 2009, after a series of economic developments that focused mainly on the drive to increase international tax cooperation and transparency, Panama enacted a series of treaties destined to avoid double taxation and prevent tax evasion.
  • Carina C. Laforteza Lito Paolo T. Martin II The enactment of Republic Act No. 10881 on August 16 2016 is set to make the Philippines a more attractive destination for foreign investors in the financing industry. This new legislation has lifted certain foreign equity requirements.
  • Israeli authorities' introduction of the world's first ever corporate anti-concentration law is having a profound effect on the country's M&A landscape.
  • When British dental company Mydentist issued its £425 million high yield bond on August 5, the UK's debt markets and its commentariat should have been celebrating. The firm had just sold the first sterling bonds since the UK voted to leave the EU on June 23, signalling that British issuers could still price a deal in an apparently apocalyptic environment.
  • To paraphrase that old foe of capitalism Leon Trotsky, you may not be interested in financial crises, but financial crises are certainly interested in you.
  • Eighteen months on from its inception, Europe's single supervisory mechanism (SSM) has been hailed an overall success – although not without a few teething problems.
  • Samsung Asset Management's successful launch of Hong Kong's first inverse and leveraged products this summer overcame a series of challenging risk assessment and disclosure tests.
  • Final SEC guidance on cross-border SBSs is likely to ease concerns surrounding reporting duties and compliance with the SEC’s Regulation SBSR
  • Joyce Chan The region has been active on the lateral hires front in Hong Kong as offshore firm WALKERS added corporate partner James Webb from Mourant Ozannes. In other moves, WEIL GOTSHAL & MANGES brought in William Hay from Baring Private Equity Asia to strengthen its private equity practice, while capital markets partner Liang Tao left Davis Polk & Wardwell for ALLEN & OVERY and Simon McKnight exited Linklaters for SIMMONS & SIMMONS. Christopher Knight from DLA Piper joined AKIN GUMP STRAUSS HAUER & FELD's investment funds practice and CLYDE & CO hired corporate partner Joyce Chan from DLA Piper.