A working group of central bankers is creating a code of conduct for the industry. The Reserve Bank of Australia assistant governor leading the initiative hopes it will provide clarity
Risk and regulatory change have defined private sector dealflow. But sovereign issuance remains buoyant, according to IFLR’s new quarterly Latin America focus
The Bribery Act is of little use while it is still being tested Buyers interested in business lines and assets being sold by Brazil's state-run oil company need to beware the corruption liability they may assume. Indebted oil giant Petrobras is looking to sell assets to shore up its financials and focus on its core business amid bankruptcy concerns and a corruption scandal. For potential buyers though, the liability hangover could cost them more than the deal itself.
The same regulatory consideration that drove GE Capital to announce the sale of the bulk of its global assets will also drive who is eligible and willing to buy them
For the business community, much hinges on the peace talks between the government and guerrilla organisation Farc. Some compare the strategy to that used in M&A negotiations