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Hudbay Minerals' hostile takeover of Augusta Resource reveals the rapid progression of defensive tactics in Canada.

David Hernand, Paul Hastings In the final weeks of June, OTTERBOURG announced its hire of banking and finance lawyers Jeffrey Rosenthal and Thomas Duignan as partners in New York. The pair, who are certified public accountants, had been with Troutman Sanders following their departure from Greenberg Traurig in February 2013. Also in New York, KING & SPALDING recruited Drew Chapman as a partner from WilmerHale where he headed up the alternative investment team.

Last month UK Chancellor George Osborne said he was confident Europe could achieve a framework for sorting out bank resolution within six months. But to meet this ambitious timetable, the region's policy-makers must resolve several key issues.

New rules increasing Canadian targets’ ability to use poison pills are up for comment

Recent rules are intended to pave the way for Mexico’s fast-moving Fibra sector. How will this new direction affect the market?

A former CFIUS representative explains the realities of filing with the body. Applicants should treat the process like a confession, not a deposition

Dealmaking is bouncing back, driven by sustainable and strategic transactions. But the new risks inherent in large-cap deals could rain on Europe's M&A parade

What reforms must PM Narendra Modi prioritise to kick-start the investment cycle

Carlos Fradique-Mendez Ana María Rodríguez As the IMF has pointed out, a country's position on anti-money laundering and terrorism financing may facilitate its integration into the global financial system and strengthen governance and fiscal administration. In line with this, Colombia has made recent developments regarding anti-money laundering and terrorism financing. In a new regulation for companies in the real sector of the economy, the Colombian Superintendence of Companies has set out certain obligations that must be observed by all legal entities that, as of December 31 2013, had an income exceeding 160,000 monthly minimum legal salaries (approximately $49 million). Before the issuance of Regulation 304, regulations against money laundering and terrorism financing (ML/TF) were focused on some specific industries of the economy (such as the financial sector, football clubs, courier and mailing entities, gamble and games entities, gold exporting and importing entities, securities transportation, and custom agencies). Apart from the financial sector, other industries had not been heavily regulated, meaning that existing regulations were not comprehensive and neglected to address important matters. This resulted in the Colombian authorities being urged to update the standards and introduce new rules to act against ML/TF.

Randall Barquero On May 20 2014, Law 9246 – the Law on Guarantees on Movable Assets (Law)– was published in the official Costa Rican law gazette La Gaceta. In approving this type of law, Costa Rica joins various other countries in the region which seek to give better financing opportunities to businesses, particularly small and medium companies. The Law is based on the Inter-American Model Law on Guarantees on Movable Assets prepared by the Organization of American States. It will allow the constitution of guarantees over specific items of movable property, or a generic group of these, as well as on inventories, equipment, circulating assets, and account receivables. The Government of Costa Rica, as well as the country´s legal and business sectors, have high hopes that the law will stimulate and increase the access to credit for companies in the productive sector of the Costa Rican economy that otherwise could not provide suitable collateral for normal credit structures.