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Move over exchange-traded funds. The next incarnation of funds-capital markets collaboration will look more like Apax's £585 million ($876 million) vehicle it listed in London last June. Known as Apax Global Alpha, it pools cash on behalf of institutional investors and acquires companies and other operating assets.

The region’s best female lawyers and the firms paving the way for meritocracy in the legal profession were celebrated in Hong Kong on November 11

Asia’s financial centre is a latecomer to the world of competition. Starting this month companies must adjust to new prohibitions and new regulators

Securitisations as a whole might be marred by EU regulatory clashes, but commercial mortgage-backed deals (CMBS) are set to broaden their footprint across the continent. And their tranches will blur the boundary between loans and bonds.

Panda bonds, Greek CoCos and high-yield restructures are among the asset classes and market developments to watch over the coming 12 months

Luis Souza Vinicius Sahione On November 4 2015, Brazil's Central Bank published rules for setting up and operating credit unions. These rules are guided by the new legal framework established in August 2015 by the National Monetary Council (CMN), which regulates credit unions.

Ramon G Songco Jenny Jean B Domino The service of a summons is indispensable in judicial proceedings. It both notifies the defendant that a suit has been brought against it and enables the court to acquire jurisdiction over the defendant in person, thus making any court order or ruling in such a case binding upon that defendant. This acquires particular relevance in cases of in personam actions, which are based on the defendant's personal liability. In contrast, in an action in rem, the judgment pertains to the thing that is the subject of the action and the court need not acquire jurisdiction over the defendant in person, only over the thing itself.

John Breslin Ireland has a shared legal tradition with the UK. Even though UK decisions are not binding in Ireland (but have persuasive authority), decisions of superior courts in the UK (such as the Supreme Court) merit close attention. This is undoubtedly true for the recent UK Supreme Court decision on contractual penalties in two joined appeals cases: Cavendish Square Holding v El Makdessi/ParkingEye v Beavis ([2015] UKSC 67) (Cavendish decision).

Julian M Hashim Jeannie Goon Section 133A of the Companies Act 1965 (Companies Act) explicitly prohibits the provision of financial assistance to persons connected with the directors of a company, including an associated company. Paragraph 8.23 of the Bursa Malaysia Main Market Listing Requirements (MMLR) on the other hand provides that, except as otherwise provided under law and subject to certain pre-conditions, a public listed company or its non-listed subsidiaries may provide financial assistance in the form of advance, guarantee, indemnity or to provide collateral for a debt in favour of its associated company.

Stikeman Elliott’s Jeffrey Singer explains why, until recent reforms are approved, M&A parties must play according to the existing and proposed rules