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Samuel Yim and Joon Young Kim, Kim & Chang

Regulators have shifted their oversight dramatically since the financial crisis 10 years ago, as Linkaters’ Jacques Schillaci discusses

The recognition of foreign insolvency decrees in Switzerland is sometimes problematic

On July 8 2018 the Cyprus Parliament approved a package of legislative measures aimed at creating market security, stability and growth, and strengthening the legal framework to deal with non-performing loans. The amendments took effect on July 31, when the amending laws were published in the government Gazette. The principal changes are as follows:

The new regime will be extended to insurers and beyond, as part of a broader conversation about cultural change

Issuers should consider potential conflicts between Russian and EU frameworks rules before listing on either exchange

The Irish Court of Appeal recently handed down an important decision which will impact default interest provisions in Irish law loan agreements. In Sheehan v Breccia/Flynn and Benray v Breccia, the court considered whether a provision for default interest in a bank's standard terms and conditions should be struck down as a penalty. This is a highly technical question, but one which is important for banks and borrowers, and for other market operators.

The landmark scheme has brought much-needed clarification on the determination and payment of statutory interest

Cyprus's new law on alternative investment funds, Law 124(I)/2018, has now entered into effect following its publication in the official gazette.