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  • night view of kuala lumpur, malaysia
    Malaysia: Promoting arbitration
    The Malaysian Courts have recently delivered a number of decisions which take a non-interventionist approach in dealing with arbitration agreements and arbitration decisions
    July 07 2015
  • Costa Rica money, Various banknotes, all denominations of paper
    Costa Rica: Diversifying the insurance market
    In July 2008, the Insurance Market Regulation Law (LRMS) broke the monopoly that existed in Costa Rica for more than 80 years, which allowed only one state company to carry out the country´s insurance operations
    IFLR Correspondent, July 07 2015
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    Qatar: Directors’ duties in an LLC
    Law 5 of 2002 as amended (Companies Law) sets out the statutory duties and liabilities of a manager (equivalent to the term director in other jurisdictions) in a limited liability company (LLC)
    July 07 2015
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    Spain: Swap agreement case law
    The Spanish Supreme Court rulings of January 8 and January 9 2013 put the discussion on the classification of claims arising from swap agreements to sleep for a while
    July 07 2015
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    Switzerland: New reporting obligations
    The Swiss parliament passed into law last December the Act on the implementation of the Financial Action Task Force's Recommendations (FATF Implementation Act)
    July 07 2015
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    Slovak Republic: Stricter controls over waste
    The new act on waste, which will enter into force on January 1 2016, introduces changes that will primarily affect manufacturing and manufacturers as producers of waste
    July 07 2015
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    Turkey: Understanding standard T&Cs
    The provisions of template agreements drafted by one party for use in multiple transactions are known as standard terms and conditions
    July 07 2015
  • US: Negative interest rate consequences
    Over the last few months, the financial press has been filled with reports of negative interest rates
    July 07 2015
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    Vietnam: Changes to prudential ratios
    The State of Bank of Vietnam (SBV) issued Circular 36/2014/TT-NHNN (Circular 36) regulating prudential ratios and limits in banking operations, effective from February 1 2015
    July 07 2015
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    Philippines: Foreign investment negative list
    The Philippine Foreign Investments Act provides for the formulation of a regular foreign investment negative list (FINL) covering investment areas or activities that are open to non-Philippine investors
    July 07 2015
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