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  • Supplier finance is a global finance method that is an integral part of the services offered by Turkish financial institutions
  • In December 2015, the Ministry of Industry and Trade (MOIT) released official letter 12933/BCT-KH concerning the distribution activities of foreign-invested companies in Vietnam
  • A key element of restructuring banks in connection with resolution and recovery planning is the ability to protect financial institutions from an acceleration and termination of ongoing contracts upon the commencement of formal proceedings
  • The Securities and Futures Commission's (SFC) move to deregulate Hong Kong's budding exchange-traded funds (ETF) market is welcome, but limits on passporting have drawn criticism.
  • Any economy, over time and taken as a whole, looks great. That's the unassailable assertion of capitalism. Yes developed economies, and the world economy, are still prone to worrying imbalances. But didn't we all once live in wattle and daub hovels, surrounded by our precious chickens (for barter) and our even more precious broad swords (for self-defence)? As a result, it's understandable that those raised on modern growth theory – that demand is endless and things will get better over time – are fond of an aggregate approach. That is, by the way, pretty much everyone.
  • China has unleashed an onslaught against its billions of non-performing loans (NPL), which have permeated much of its banking system. With major state-owned banks saddled with piles of distressed debt, Beijing has pulled out all the stops to extinguish the circulation of soured loans within the national financial system.
  • Is the Fed’s approach to capital inspired by the tailoring trade? The Federal Reserve is upgrading its 2016 stress test for large financial institutions to include the Basel Committee's principles on risk-data aggregation and reporting.
  • A plan to allow Chinese lenders to engage directly in debt-to-equity swaps to dispose of the country's $614 billion of bad loans has been met with scepticism.
  • PINSENT MASONS has moved to take a bigger stake in Australia's legal market just one year after opening. The UK firm has hired infrastructure specialist Margaret Cole from White & Case and partner Anthony Arrow from Allens.
  • Scott Barshay Paul Downs Clearly the biggest move in the US last month was corporate partner Scott Barshay's departure from Cravath Swaine & Moore to PAUL WEISS RIFKIND WHARTON & GARRISON. Barshay joined the partnership in 1998 and has acted on significant matters such as the merger of Kraft and Heinz, and Anheuser-Busch InBev's acquisition of SABMiller.