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  • The newly-liberalised sector had a disappointing first bid. Subsequent changes made by the regulator mean there is a better outlook for the second
  • The Cyprus Securities and Exchange Commission (CySEC) has recently issued guidance on what it considers to be significant Cyprus investment firms (CIFs) for regulatory purposes
  • The Egyptian Capital Market Law and its regulations (CML) has regulated the acquisition of listed stock and gaining control over listed entities
  • The Financial System Law that came in force in 2004 allowed banks of the Honduran banking system to ‘offer and provide any financial service via electronic means’
  • The House of Representative of Indonesia is discussing draft legislation on land to replace Law 5 of 1960
  • Following a recommendation of the Financial Action Task Force on Money Laundering (FATF) regarding cross-border regulatory cooperation, the Monetary Authority of Macau (AMCM) and the People’s Bank of China entered into the Memorandum of Understanding on the Prevention of Money Laundering and Terrorist Financing (MoU)
  • In 2013, the Companies Commission of Malaysia published a draft of the new Companies Bill (Bill) for public consultation. Following this process, we understand that the Bill will soon become law
  • The Philippine Securities and Exchange Commission (SEC) recently amended the rules implementing the Securities Regulation Code, including the rules on mandatory tender offers (MTOs)
  • Direct lending and alternative finance has become a booming phenomenon in Spain
  • The Swiss parliament passed into law the Federal Act on Financial Market Infrastructures (FMIA) on June 19 2015