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White & Case lawyers provide an overview of the landscape in Europe, as policymakers and authorities consider their approach to the new asset class

The recent case has practical implications for similar organisations’ legal immunity in the US, write Latham & Watkins lawyers

The instruments are seeing a spike in demand within acquisition financings. Here, Paul Hastings lawyers consider the pros and cons of the two most popular structures

Morgan Lewis lawyers take a look at some of the latest developments in the US, UK and China as policymakers hone their focus on the importance of individual liability

Gönenç Gürkaynak and Öznur İnanılır, ELIG Gürkaynak Attorneys-at-Law

The 2013 banking crisis brought to light the serious issue of Cyprus banks carrying on their balance sheets substantial provisions for non-performing loans (NPLs) which adversely affected the banking sector's profitability and sustainability. In response to EU pressure, the government of Cyprus put considerable effort into tackling the problem of NPLs, implementing various measures including improved foreclosure legislation and measures to assist banks to restructure their loan portfolios.

As a recent decision by the Swiss Federal Tribunal has shown, written stipulations are not always what they seem

Tatsuo Yamashima and Saori Hanada, Atsumi & Sakai

Capital gains realised through a disposal of shares held for private investment purposes by Swiss resident individuals are generally exempt from Swiss income taxes. In certain circumstances, such capital gains are assimilated to dividends, salary or compensation payments for the renouncing of a right, in which case they become subject to income tax.