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The exclusivity guidance for Hong Kong has left market participants hanging

Major banks have signed an Isda stay protocol to assist the orderly resolution of a troubled financial institution. Jay Taylor of Taylor Louis asks how far this goes in addressing too-big-to-fail

Who took home what from the 2014 awards ceremony

Recent judicial decisions have revived concerns around the enforceability of English contracts in Indonesia. Ashurst's Joel Hogarth explains how to protect yourself

BBVA's Agustin Martin Calmarza and Aaron Baker explain why ABS is key to Europe’s move towards a more market-focussed system of funding

Bocom’s tier 2 bond has reconciled regulatory requirements and investor expectations, and opens the market to other issuers

Putnam County Savings Bank took the unusual step last month of purchasing a Nasdaq-listed competitor in an effort to protect its core business and meet growing regulatory demand.

James Roome, Akin Gump Strauss Hauer & Feld Matthew Griffin, White & Case Karine Montagut, Norton Rose Fulbright Emilie Haroche, Herbert Smith Freehills Lionel Shawe, Allen & Overy

Zaheer Mauritius (Zaheer), a Mauritius tax resident company, invested in Indian companies engaged in real estate in India. It entered into a Securities Subscription Agreement (SSA) and a Shareholder's Agreement (SHA) with Indian companies Vatika Limited (Vatika) and SH TechPark Developers (JV company). Vatika partly exercised the call option under the SHA and subsequently Zaheer transferred further equity shares and compulsorily convertible debentures (CCDs) in the JV company to Vatika.

Kyohei Mizukoshi The Financial Services Agency of Japan (JFSA) published the amendment to the Guidelines for the Disclosure of Corporate Affairs (Disclosure Guidelines) on August 27 2014. The Disclosure Guidelines do not constitute statutory laws of Japan, but provide matters to be considered in applying the laws and regulations concerning corporate disclosure, including the Financial Instruments and Exchange Act of Japan (FIEA). This amendment abolishes the waiting period for the securities registration for certain 'well-known companies' and clarifies which acts do not constitute a 'pre-filing offer'. Generally, where a listed company conducts a public offering, it must file a securities registration statement (SRS), then wait for seven days before it can issue its securities to investors. This waiting period is designed to give investors time to decide, based on the information disclosed, whether to acquire and purchase the securities. Under the amended Disclosure Guidelines, only in cases involving the filing of an SRS by certain well-known companies, the SRS becomes effective on the date of filing and such companies can issue their securities to investors from the filing date. This exemption is available to certain types of equity offerings by well-known companies whose shares are listed on a stock exchange in Japan and whose market capitalisation is ¥10 billion ($93 million) or above. Additionally, this exemption is available to a non-Japanese company which meets these requirements.