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Market players must tread carefully to capitalise on policymakers’ efforts to revive the regional economy

As Europe awaits Esma's latest move in the implementation of its Markets in Financial Instruments Directive II (Mifid II) some fairly strong theories are doing the rounds. As this month's cover story on page 32 shows, the directive in its current form could dry up liquidity, concentrate trading venues and even kill off European financial centres, depending on who you believe.

Markus Bolsinger Wendy Pan Judah Frogel Penny Zacharias Mario Nigro April witnessed the continuing defection of talent from Pillsbury to WINSTON & STRAWN. Following the moves of 14 partners in March, Peter Morgan, who specialises in structured finance, private equity, and fund formation, made the move to Winston's New York office.

WOLF THEISS made a significant addition to its Czech team this month, hiring Allen & Overy's longstanding Prague corporate head, Jan Myška, who joined the Austrian outfit as joint Prague managing partner. Myška focusses on transactional work and regulatory advice in the energy and insurance sectors.

The India Export-Import Bank's green bond has become the first offshore offering of its type from the country. And its unusual use of proceeds could facilitate more deals.

Last year yieldcos were heralded as renewable energy’s hottest new financing structure. But the model must adjust

Nicky Lester FRESHFIELDS BRUCKHAUS DERINGER has made inroads in Hong Kong recently, and at Linklaters' expense. The magic circle firm brought in energy partner Thomas Ng from its rival's office in Beijing and also hired partner David Ludwick to its capital markets practice. It's been busy on the private equity front as WHITE & CASE took a further step towards its strategic aim of building a pan-Asian private equity practice by hiring Korean expert Kyungseok Kim. WEIL GOTSHAL & MANGES raided Latham & Watkins for private equity partner Tim Gardner and JONES DAY snatched Scott Peterman from Sidley Austin. Sino-Australian firm KING & WOOD MALLESONS (KWM) made moves to prop up its China practice and integrate it into the global KWM firm. In Hong Kong it brought in the 15-year experience of Herbert Smith Freehills (HSF) corporate partner Gary Lock and also hired Shao Zili – JP Morgan's Asia-Pacific vice chairman – as co-chair of its China management committee.

Finance minister Arun Jaitley’s proposals could boost the country’s equity capital markets. Here’s how

The city-state’s new antitrust regulator released its revised draft guidelines at the end of March and is expected to begin operating later this year

Adrian Chair The Netting of Financial Agreements Act 2015 (Netting Act) came into force on March 30 2015, and clarifies that the netting provisions in a qualified financial agreement for qualified financial transactions are enforceable in accordance with the terms of the agreement. The Netting Act clarifies the long-standing uncertainty on the enforceability of close-out netting arising from laws construed by the market as non-netting friendly. These are: (i) sections 29A and 41 of the Pengurusan Danaharta Nasional Berhad Act 1998 (Danaharta Act) which provide that appointment of a special administrator should not give rise to a termination or acceleration right, and impose a 12-month moratorium during which set-off is restricted except with Danaharta's consent; and (ii) section 346C of the Capital Markets and Services Act 2007 (CMSA), empowering the Securities Commission to require any person to take measures the Commission considers necessary for managing systemic risk.