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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)

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

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

Euromoney Legal Media Group’s fifth annual European Women in Business Law awards were held at Grosvenor House, London on June 18

Both public-private partnerships and tax-exempt financing have the potential to improve US infrastructure. Pillsbury's Richard Epling, Peter Baumgaertner and Matthew Oliver explain why it’s difficult to benefit from both

Asian market participants have been second-guessing the types of capital the region’s banks will raise to comply with the FSB's upcoming TLAC requirement

The introduction of total loss-absorbing capacity (TLAC) requirements for banks has caused some jurisdictions to consider so-called tier 3 instruments. But investors and issuers would prefer more tier 2s, according to speakers at Fitch's Global Banking Conference in Hong Kong on June 17.

Suggestions include reducing risk weight floors for bank investors and beneficial regulatory treatment for qualifying securitisations

The European Commission's (EC) merger control enforcement rate is double that of the US and China, according to a recent report.

Pieced together, recent initiatives reveal RMB’s internationalisation Banks and corporates must quickly adjust to the continuing internationalisation of the renminbi – including the need for hedging strategies – according to speakers at the release of a report on the currency. Announcements over the past few weeks have highlighted the pace of reform. This includes the introduction of mutual recognition of mainland China and Hong Kong funds, the opening of the China International Payments System (CIPS) by end-2015, and MSCI and Vanguard's decision to include A-shares in their respective indices.