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Welcome to this year's FDI special focus, which includes Q&As with Leapfrog Investments, the Investment Support and Promotion Agency of Turkey, and Nafta negotiator Jaime Zabludovsky

Leapfrog’s general counsel Tom Brunner explains best practice for investing in the continent’s growing financial service sectors

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Welcome to IFLR's Project finance report, in association with Chadbourne & Parke. The report features exclusive interviews with Citi's Nasser Malik, Miga's Shamali F De Silva, and Macquarie Capital's Nicolas Gole

www.chadbourne.com

What will trigger a write-down in Korea? Clarifications of the write-down requirements for Korean banks' Basel III-compliant bonds are expected to encourage deals and appeal to investors. Korean regulators recently clarified the terms and conditions of Basel III-compliant bonds from banks in the jurisdiction. Previously either a management improvement order (MIO) by the relevant regulators or regulator's designation of the financial institution as insolvent would trigger a write-down.

A failed challenge to the CFTC’s extraterritorial reach has caused disappointment. But Linklaters' Caird Forbes-Cockell, Noah Melnick and Edward Ivey explain why the regulator’s new chief could be the silver lining

Gabriela Vásquez Through Law 131(Law) of December 2013, Panama amended the arbitral process for both domestic and international commercial arbitration. The newly enacted law replaces previous regulation on the matter, developing new guidelines that respond to the increasing popularity of arbitration as a fast method for the alternative resolution of conflicts. Law 131 sets out, among other things, new terms and deadlines for all parties involved in the arbitration process (plaintiff, defendant, arbitral tribunal, judicial tribunals, and the Fourth Chamber of the Supreme Court of Justice), to act or proceed. As a prime example, the new law reduces the timeframe for the Arbitral Tribunal to issue the arbitral award which settles the dispute.

The lighter side of the past month in financial law

Oene Marseille Emir Nurmansyah The People's Representative Council of Indonesia (DPR) has issued draft legislation on banking which would cap foreign ownership in Indonesian banks to 40% and require the incorporation of any foreign bank operating in Indonesia. In addition to restricting foreign ownership to 40%, the draft legislation would also require the Financial Services Authority (OJK) to report to a specialised forum in the event that foreign ownership in a bank is less than 40%. It appears that the 40% ownership threshold is considered a desirable goal by the Council, although its exact intention in requiring this threshold is still unclear.