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Nicaraguan Congress recently approved law 899, the Investment Companies Law, which was published in the official Gazette 76 (April 27 2015)

Rainbow Insurance (RIC) had been providing insurance services in Mauritius. In 2004, the Financial Services Commission (FSC) carried out an inspection of RIC and finalised a report where it expressed major concerns over RIC's solvency

The Peruvian Banking Statute, issued in 1997, intended to regulate investment banking activities and established that a licence was required to conduct such activities in Peru

On February 18 2015, Qatar issued Law 1 of 2015, amending certain provisions of the Labour Law 14 of 2004

The lighter side of the past month in the world of financial law

With our economy finally showing clear and consistent signs of recovery, the Spanish legislator has responded to an old demand from entrepreneurs and representatives of some of the most relevant SMEs in the country

As Europe's financial regulatory onslaught approaches its end, attention is turning to market inefficiencies that have fallen by the wayside. These are the issues that receive very little press. Often because they are not contentious, and contrary to the post-crisis anti-regulator mindset, market overseers are not to blame.

André Figueiredo, PLMJ Jesús Mardomingo, Dentons The clear trend in late April and early May among US firms in the UK and Brussels lateral hire markets was a desire to add competition capacity. MAYER BROWN was one of the first to move, hiring Berwin Leighton Paisner's EU competition head David Harrison to co-head its own team in the area. He had been with BLP for 10 years. Mayer Brown also suffered a loss as GREENBERG TRAURIG MAHER announced its hire of the firm's London head of antitrust and competition Gillian Sproul, who had been with the firm since moving from Dentons in 2005. JONES DAY looked to boost its Brussels team with the addition of Philipp Werner from US rival McDermott Will & Emery. A state aid specialist, Werner acts on EU and German competition law matters.

The Chinese government's economic retreat has undermined its implicit backstop of state-owned entities (SOE). Investors have emphasised the importance of credit research in the country.

Daniel Hasler of Homburger analyses and challenges the effectiveness of recent proposals to amend Swiss corporate law