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Oene Marseille Emir Nurmansyah Indonesia's Ministry of Transportation has issued an amendment to its previously issued regulation on airfare pricing. The amendment was issued on December 30 2014, and effectively places a non-waivable floor on domestic airfares. Airfares for international flights are not affected by the amendment and will continue to be governed by the rules of the International Air Transport Association.

Ahmad Zulkharnain Musa On August 21 2014, the Securities Commission (SC) released a public consultation paper on a proposed regulatory framework for equity crowdfunding (ECF) as an alternative funding channel. After input from the public, the SC released the public response paper on September 25 2014, with certain revisions to the proposed framework. Under the proposed framework, issuers must be locally incorporated private companies (other than exempt private companies). They are eligible to participate in the ECF through a web-based ECF platform via a primary offering to retail, sophisticated and angel investors. They can raise up to RM3 million ($842,000) within a 12-month period and a maximum of RM5 million. Sales of existing shares through the ECF will not be permitted.

State issuers often include carve outs from their waiver of sovereign immunity. But Clifford Chance’s Robert Trefny explains it's not clear whether the law supports such protections

As its economy begins to cool, Cleary Gottlieb's Richard Cooper and Adam Brenneman assess the position of those with exposure in the Andean nation

The new breed of sovereign bonds to combat the perceived rise in power of holdouts in sovereign restructurings is growing in popularity

New staff letters suggest the early stages of an exemptive programme for non-US clearinghouses, offering flexibility to foreign houses

Recommendations on policies affecting international investor exits could change India’s FDI landscape. Private equity may especially benefit

The deal and team nominees for this year's ceremony have been announced

Industry associations fear that Esma's far-reaching reforms could have unintended consequences for the region's capital markets

The near-default of the Chinese property developer has caused onshore creditors to freeze the company’s assets. Lawyers for offshore bondholders are urging more transparency