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It wasn't supposed to take this long. Hong Kong's renminbi (RMB) bond market was purportedly born back in July 2007 when the China Development Bank (CDB) issued 5 billion yuan worth of renminbi-denominated bonds. At the time, this correspondent had just moved to Hong Kong and was covering the Asian market for IFLR. Back then, the mood in China was more expectant than hopeful: bankers and their counsel were confident that CDB's bonds would lead to many more. They anticipated full internationalisation of the currency within two to three years.

Do any more US politicians want to blame companies for the country’s inversion issues? It is rare that a piece of corporate accounting and tax planning should be the topic of wide public discourse. But the number of US tax inversion deals launched over the past year has sparked both the public's and politicians' interest. This has been further heightened by the involvement of several household names in these types of deals. Pfizer, Burger King, and Walgreens (which eventually decided against a tax inversion despite a merger with British company Alliance Boots).

The Stock Exchange of Hong Kong's highly-anticipated concept paper on weighted voting rights furthers the market's debate on non-traditional shareholding structures.

The possibility that Scotland could have voted to leave the UK raised many difficult questions, not least of which was a constitutional crisis in the UK. But the ripple effects of a split would have spread throughout the EU.

The Republic of Indonesia structured its recent sukuk to permit greater flexibility in its underlying assets. Other sovereigns are expected to follow.

Many have touted collective action clauses as the answer to future sovereign debt restructures. But Bazinas Law Firm's George Bazinas and Yiannis Sakkas believe that more fundamental legal doctrines offer a better solution

After a few quiet years, the market is ramping up for a period of growth. Shearman & Sterling's Marwan Elaraby, James Comyn and Amine Assouad explain the local idiosyncrasies that have caused the sector to develop on its own trajectory

TozziniFreire's Marta Viegas and Oduvaldo Lara Júnior explain how minority shareholders are capitalising on their improved rights. It makes the country a strong contender to be activist investors’ next frontier

Volumes in Europe are up this year. But trading issues are damaging liquidity, and hampering the market’s full revival

The country's financial sector must address its large volume of non-performing loans. Gianni Origoni Grippo's Giuseppe Schiavello analyses a recent reform that could make it easier for banks to offload these portfolios