Firm

Ik Hwan Cho, Jun Ki Park, and Eungyung Choi of Kim & Chang discuss short sale rule violations identified by South Korea’s financial regulators, and summarise the measures taken to strengthen enforcement and foster compliance

Marcel Frey and Urs Feller of Prager Dreifuss analyse a recent Swiss Federal Tribunal ruling that provides helpful guidance for heirs who may want to unlock financial information held by a deceased relative’s bank

The introduction of Macau’s first pataca-denominated open-end fund underscores the special administrative region’s growing reputation as a financial centre, say Bruno Almeida and Daniel de Senna Fernandes of Riquito Advogados

Zhe Yu, Audry Li, William Qiu, and Carl Li, Zhong Lun Law Firm

Restructuring activity has also increased as the retail, real estate, and construction sectors struggle to cope with recent crises and rising costs, say Markus Fellner, Florian Henöckl, and Nadine Maros of Fellner Wratzfeld & Partners

Christoph Neeracher, Luca Jagmetti, and Thomas Rohde of Bär & Karrer discuss Switzerland’s restructuring and insolvency landscape for 2024 and beyond

The system has proved to be effective in addressing companies with business difficulties, but areas of uncertainty remain, say Laïd Estelle Laurent, Jean Delapalme, and Claire Blondel of Jeantet

The key components of a business-friendly environment are in place in France and present an opportunity for further Chinese investment, say Raphaël Chantelot, Ran Hu, and Hubert Bazin of LPA-CGR avocats

Rather than being seen solely as a burden, climate-related disclosures may represent an opportunity for proactive companies to secure a competitive advantage, say Rachel Eng and Pei Yin Yap of Eng and Co.

Elena Papachristou and Maria-Roxani Karydi of Papapolitis & Papapolitis say increased activity can be expected in the Greek capital market as certain companies consider how to address new free float requirements, among other regulatory changes

A Swiss Federal Council report containing recommendations on improving financial market stability requires further evaluation, including with respect to the design of future additional tier 1 capital instruments, say Stefan Kramer, Benedikt Maurenbrecher, and Daniel Hulmann of Homburger

João Nuno Riquito and Belmiro Leong of Riquito Advogados explain quasi-capital contributions and why this financing instrument, as opposed to traditional means, can safeguard the interests of a company, its shareholders, and its creditors

Marcus Peter and Kate Yu Rao of GSK Stockmann provide a guide to the most recent legal and regulatory developments impacting Chinese investments into Luxembourg

Salvador Abecasis de Carvalho of Morais Leitão, Galvão Teles, Soares da Silva & Associados presents several dos and don’ts as companies ponder how to create value using AI and avoid standing still

Clarifications concerning the costs and charges of closed-end private equity funds are welcomed by Diana Ribeiro Duarte, Pedro Capitão Barbosa, and João P. Monjardino of Morais Leitão, Galvão Teles, Soares da Silva & Associados

Understanding the differences between ESG investing and impact investing is increasingly important, say Diana Ribeiro Duarte, Pedro Capitão Barbosa, and Sofia Araújo Matias of Morais Leitão, Galvão Teles, Soares da Silva & Associados

Bruno Almeida and Kimberley Cheong of Riquito Advogados summarise Macau’s new legal initiatives to tackle illegal gaming as the city strives to become one of Asia’s leading tourism, cultural, and leisure spots

Luke Hili of Ganado Advocates notes a shift towards companies viewing ESG as a value strategy for long-term growth rather than just as a regulatory burden, and casts a spotlight on Maltese activity

Eddie Chan and Helen Hai-Ning Huang of Lee and Li report that Taiwan has made great strides with recent ESG policy initiatives, but add that further measures are needed to deter greenwashing

Assunção Cristas, João Almeida Filipe, and Carolina Vaza of Vieira de Almeida consider the possible introduction of voluntary biodiversity credit schemes as a means of halting and reversing biodiversity loss

After ratification of the first sustainable investment facilitation agreement, between the EU and Angola, Carla Gonçalves Borges, Mariana França Gouveia, and Assunção Cristas of Vieira de Almeida analyse ESG considerations in African states’ investment treaties

ESG considerations are becoming an increasingly important factor in investment decisions in Ghana. Lady-Ann Essuman, Ewurama Osam Tawiah, and Verissa Odame-Koranteng of VINT & Aletheia, Attorneys and Consultants explain why, and how, the new reality should be embraced

Annette Weber of Advestra addresses the key questions concerning the new Swiss requirement for certain companies to provide annual reports on non-financial matters

Wei Quan, Yipu Li, and Xun Li of Han Kun Law Offices report that China has made great strides in developing its green finance markets as the country strives for alignment with international standards

As Japanese green bond issuance and investment continues to grow, Yasuyuki Kuribayashi of City-Yuwa Partners provides a comprehensive insight into the relevant guidelines

Heiko Gotsche, Christina Mann, and Nicole Kubalek, Latham & Watkins

Razvan Stoicescu, Musat & Asociatii

David Walker and Rahul Sud, ASAR – Al Ruwayeh & Partners

Robert M Katz and Charles Ruck, Latham & Watkins

Markus Fellner, Paul Luiki, and Peter Blaschke, Fellner Wratzfeld & Partners

The M&A market is adapting to a reviving economy in 2024, with dealmakers seeking legal counsel to prepare for regulatory intervention, valuation gaps, and cautious acquirors, say Nick Cline, Douglas Abernethy, and Catherine Campbell

Nick Cline, Robbie McLaren, Douglas Abernethy, and Christian Roberts, Latham & Watkins

Marcus Peter and Kate Yu Rao, GSK Stockmann

Christoph Neeracher, Philippe Seiler, and Raphael Annasohn, Bär & Karrer

Ezekiel Tuma, John Cunha, and Luis Cunha, ASAR – Al Ruwayeh & Partners

Stefanos Charaktiniotis, Danai Falkonaki, and Stathis Orfanoudakis, Zepos & Yannopoulos

Ožbej Merc, Nastja Merlak, and Sara Makovec, Jadek & Pensa

Illya Tkachuk, Vasyl Yurmanovych, and Inna Kostrytska, Integrites

Jonathan P Serrano, Roberto T Santiago, Jr., and Crisela L Bernardino, PunoLaw

Siregran Sakuliampaiboon and Phanpicha Nityo, Weerawong C&P

Yvonne Hsieh, Patricia Lin, Cheng-Chieh Huang, and Derrick Yang, Lee and Li

The introduction of the e-pataca is just one of several measures signifying Macau’s move away from a focus on the gaming industry, say Daniel de Senna Fernandes and Bruno Almeida of Riquito Advogados

A number of lawsuits are pending against gaming concessionaires after clarification of whether they are jointly and severally liable for players’ deposits, say Bruno Almeida and Paulo Alves Teixeira of Riquito Advogados

Andreas Moll and Christian Schönfeld of Prager Dreifuss report that more than 500,000 legal entities are facing enhanced disclosure requirements and the introduction of a federal register of beneficial owners

Authors from Morais Leitão analyse the wide-ranging standards enacted across the EU to encourage uniform and transparent sustainability reporting from companies

Demanding macroeconomic and geopolitical factors have led borrowers in the leveraged finance market to pursue alternative arrangements, but experts from Baker McKenzie suggest there are signs of a brighter outlook in the UK

Experts from Baker McKenzie provide an overview of the main trends in the leveraged finance market during a turbulent period, with an M&A backlog and imminent maturities indicating a recovery

Decreased availability and increased costs of funding have altered the behaviour of borrowers and lenders in the Peruvian leveraged finance market. Thomas Thorndike of Garrigues highlights the main themes and considers the outlook

Kely Pesketzi of PwC Legal Greece reports on Greece’s economic rebound and the solidifying of its banking and finance systems through new legal provisions and tools

Seung Jae Yoo, Gye-Jeong Kim and Sung Yun Kang of Kim & Chang review the ever-evolving regulatory landscape for crypto assets in Korea

Rodney Teoh of Stevenson, Wong & Co. outlines the security token offering landscape of Hong Kong, illustrating how issuers can maximise their fundraising potential

As the financial services ecosystem in Nigeria continues its rapid development, DealHQ Partners provides a guide to the latest regulatory initiative regarding contactless payments

Benedict Teo, Tham Feei Sy and Yvette Fong of Drew & Napier draw on case law from Singapore and the UK in analysing the main legal difficulties for cryptocurrency stakeholders

Renata Valenti of PLMJ provides a guide to the Angolan initiatives in infrastructure and the financing of projects as the state embraces its development potential

Urs Feller and Marcel Frey of Prager Dreifuss analyse a recent relaxing of Swiss regulation related to legal privilege for in-house counsel during internal investigations

While the economic outlook is a positive one for Portuguese businesses, Filipa Cotta and Catarina Carvalho Cunha of Vieira de Almeida find that pandemic hangovers are contributing to a predicted rise in corporate distress

Christoph Neeracher, Luca Jagmetti and Thomas Rohde of Bär & Karrer discuss Switzerland’s restructuring and insolvency landscape for 2023 and beyond

As Greece continues its recovery from the sovereign debt crisis, Konstantinos Rachianiotis and Vassilis Stergiou of PotamitisVekris report a heavy restructuring workload after substantial changes to the insolvency framework

Llinks Law Offices explains why a revision of China’s bankruptcy regime is on the agenda amid a sharp rise in cases

Diana Ribeiro Duarte, Pedro Capitão Barbosa and Sofia Araújo Matias of Morais Leitão outline the European Commission’s latest proclamations on sustainable finance, which address the relationship between the EU Taxonomy Regulation and the SFDR

João Nuno Riquito and Belmiro Leong of Riquito Advogados explain the expanded role of the company secretary in Macau and its relation to good corporate governance.

Sandro Fehlmann and Valérie Bayard of Advestra examine the likely impact of increasing demand for sustainable investments, the implementation of the regulatory framework for financial services and financial institutions that entered into force in 2020, the merger of Credit Suisse and UBS, and the introduction of L-QIFs.

As the Swiss tax authorities take an increasingly aggressive approach, Matthias Bizzarro and Ricardo Marino of Bär & Karrer explain the relevance of tax rulings, taxpayers’ means of appeal, and the burden of proof

João Nuno Riquito and Hália Cerqueira of Riquito Advogados report on a one-stop dual listing initiative between Macau and Luxembourg that is expected to build international financing channels and foster financial innovation

Marcus Peter and Kate Yu Rao of GSK Stockmann illustrate the most recent legal and regulatory developments impacting Chinese investments into Luxembourg

Raphaël Chantelot, Ran Hu and Hubert Bazin of LPA-CGR avocats report that China retains a strong business presence in France and identify several factors that point to a positive outlook for foreign investment

Christoph Neeracher, Philippe Seiler and Raphael Annasohn, Bär & Karrer

Rachel Eng and Pei Yin Yap of Eng and Co. highlight the international trend of litigants seeking to address adverse climate change impacts in court, and how businesses should prepare for the scrutiny.

Guy Deillon and Dr Christian Schönfeld of Prager Dreifuss drill into the thorny Swiss legal issues inherent to the dramatic buyout of Credit Suisse by UBS.

Assunção Cristas, Vanda Cascão and Miguel Ventura of VdA analyse the EU’s Taxonomy Regulation, assessing its potentially transformative ESG requirements as well as its shortcomings.

Razvan Stoicescu, Musat & Asociatii

Rita de la Guardia and Patricia Cordero, Alemán, Cordero, Galindo & Lee

Dr. Vera Naegeli of Bär & Karrer offers answers to commonly asked questions surrounding Switzerland’s recently applied ESG reporting and due diligence requirements.

Isabelle Lebbe, Gennyfer Peeters and Antoine Portelange of Arendt & Medernach shine a spotlight on the oft-overlooked ‘S’ in ESG, and analyse the various relevant regulations European businesses should be aware of.

Annette Weber of Advestra reports on the latest ESG developments in the Swiss market, as the jurisdiction braces for a wave of regulatory requirements.

Sung Taek Lim, Chang Wook Min and Hyun Chan Jung of Jipyong report on South Korea’s evolving approach to human rights regulation, and how domestic businesses have adapted.

Wei Quan, Xun Li and Yipu Li of Han Kun overview China’s intense efforts to combat climate risk, with profound regulatory implications for China-related businesses.

Marcus Peter and Marie-Thérèse Wich of GSK Stockmann explain the increasing importance of sustainable finance in Luxembourg’s fund industry and consider the challenges to overcome.

Oliver Widmer and Manu Ferro of Pestalozzi outline the Swiss approach to the ESG evolution, with funds well-advised to take the jurisdiction’s law provisions seriously

J Ryan Dwyer III, Tsuguhito Omagari and Andrea Ng, K&L Gates

Yvonne Hsieh, Eddie Chan, Patricia Lin and James Huang, Lee and Li

Ho Kyung Chang, Daniel Joonwu Park, Yeseung Jang, Alan Peumjoo Lee and Soo Bin Yang, Bae, Kim & Lee LLC

Steven Brown and Rahul Sud, ASAR – Al Ruwayeh & Partners

Heiko Gotsche, Christina Mann and Nicole Kubalek, Latham & Watkins

Markus Fellner, Paul Luiki and Peter Blaschke, Fellner Wratzfeld & Partner

Jaime Trujillo Caicedo, Alexandra Montealegre and María Camila Vargas, Baker McKenzie

Nelson Raposo Bernardo and Joana Andrade Correia, Raposo Bernardo & Associados

Vipavee Kaosala, Siregran Sakuliampaiboon and Punyisa Intarapracha, Weerawong, Chinnavat & Partners

Nelson Raposo Bernardo and Ana Cláudia Rangel, Raposo Bernardo & Associados

More US buyers – and more buyer-friendly deal terms – are entering the seller-friendly UK market, although the picture is increasingly nuanced, say Joshua M. Dubofsky, Sam Newhouse, Jennifer N. Cadet, and Catherine Campbell

Robert Katz and Charles Ruck, Latham & Watkins

Clarence Anthony, Paulose M. Abraham and Tanuj Dayal, Trilegal

Nick Cline, Robbie McLaren, Douglas Abernethy and Gillian Bourke, Latham & Watkins

Ožbej Merc, Nastja Merlak and Ana Bokalič, Jadek & Pensa

Marcus Peter and Kate Yu Rao, GSK Stockmann

Ezekiel Tuma, John Cunha and Brenda Ntambirweki, ASAR – Al Ruwayeh & Partners

Guy Deillon of Prager Dreifuss considers the new FINMA Guidance 01/2023 and its impact on financial institutions

Nagashima Ohno & Tsunematsu’s Satohiro Ono outlines the crucial aspects of Japan’s firewall regulation, which is increasing in scope and complexity

Fabian Cabeza of Elias Neocleous & Co explains what company founders need to be aware of regarding funding when launching start-ups on the ‘Tech Island’

João Nuno Riquito and Kimberley Cheong of Riquito Advogados highlight Macau’s bold new proposals to overhaul its legal framework to better serve its banking industry

Naoki Fukumoto of Nagashima Ohno & Tsunematsu explains the impact of making false statements in the Japanese disclosure system and the most common circumstances under which securities litigation lawsuits are filed

Kota Suzuki of Nagashima Ohno & Tsunematsu explains the Japanese rules concerning the use of rewards in blockchain games as global regulatory trends set the pace

João Nuno Riquito and Paulo Alves Teixeira of Riquito Advogados highlight the main points in approved legislation concerning the regulation of trusts in Macau

Switzerland is facing a choice of whether to maintain its policy of self-regulation regarding sustainable finance or formulate legislation that applies across all financial industry sectors, say Jürg Frick and Alexander Cochardt of Homburger

There are still alarming gaps in organisations’ cybersecurity measures and awareness of cyber insurance. Reto M Jenny of Prager Dreifuss considers the Swiss legislative response to cyber threats and why specialist insurance is required

Chrysanthos Christoforou of Elias Neocleous discusses recent cases in which the UK courts have shown great flexibility and willingness to assist victims to trace and freeze their stolen crypto-assets

Danar Sunartoputra, Gregorius Pradana, and Putu Putra of Melli Darsa & Co., Indonesian member law firm of PwC global network, analyse the hurdles to allowing special purpose acquisition companies (SPACs) in Indonesia as an alternative to traditional initial public offerings (IPOs), and highlight the need for a regulatory alignment

Rainer Faustine Jonathan and Setyaning Kartika Rini of Walalangi & Partners consider the lasting effect of the COVID-19 pandemic on workplace practices, including work-from-home policies and permissible reasons for employment termination

Christoph Neeracher, Philippe Seiler, and Raphael Annasohn of Bär & Karrer share lessons learnt that can benefit portfolio companies that find themselves in distress situations in Switzerland

Rob Mathews, Ben Bierwirth and James Tanner of Baker McKenzie consider the current state of primary debt financial products with international appeal in the leveraged or acquisition finance context

Janney Chong, Yvonne Tang and Iris Gao of RPC discuss the regulatory initiatives on ESG reporting in Hong Kong SAR, Singapore, the UK and the EU

Miriam Andreta and Raditya Pratamandika Putra of Walalangi & Partners discuss the growth of digital banking in Indonesia

Benjamin Leisinger and Fabrice Eckert of Homburger share selected legal considerations as decentralised finance grows in popularity

Lauretta Otoo, Selasie Atuwo, and Frank Amuh of CQ Legal and Consulting report on the rapid increase in cryptocurrency ownership in Ghana and the security and money laundering risks involved

Steven Brown, Sherif Saad Eldin and Ahmed Al-Saeed of ASAR – AI Ruwayeh & Partners discuss the factors attracting foreign investment to Bahrain and consider foreign ownership restrictions

Han-Jin Lee, Sung Yun Kang and Mooni Kim of Kim & Chang explain why multilateral cooperation to achieve global harmonisation of the laws and regulations in the digital asset market is more important than ever

Ning Zhu, Gang Hu, Guangzhe Xu, and Min Lin of Chance Bridge consider the impact of the revised Chinese Securities Law on voluntary and mandatory disclosure, liability for offences, and cross-border entities

Ioannis Sidiropoulos of Elias Neocleous & Co LLC and Nicole Phinopoulou of Phinopoulou Legal Practice explain why artificial intelligence’s potential to increase the utilisation of sustainable finance depends on its adoption in the legal world

João Nuno Riquito and Daniel de Senna Fernandes of Riquito Advogados explain the recent changes regarding the debt securities market in Macau as the region pursues further integration in the Greater Bay Area

Zhang Jiping is managing partner at Haiwen & Partners

Charles Li is a partner at Han Kun

Phong Tran is a founding partner at VILAF

Pedro Cortés is a senior partner at Rato Ling Lei & Cortés

João Nuno Riquito and Kimberley Cheong of Riquito Advogados outline the complexities of determining shareholder liability for a company’s debts, and the options available to investors

Daniel Hayek and Mark Meili of Prager Dreifuss explain the consequences of changes to Swiss company law, and how shareholders and lenders involved in company restructures can protect their interests before and after January 2023

Hans Adiputra Kurniawan of Walalangi & Partners explains why Indonesia’s multiple voting shares system is a breakthrough to boost company listing

Authors from Udo Udoma & Belo-Osagie highlight trends, developments, topical challenges and issues, and key regulatory and market changes impacting the Nigerian financial and corporate markets

Mayuko Takahashi of Nagashima Ohno & Tsunematsu provides an overview of the stablecoins regulations under Japan’s amended Payment Services Act

Tiago Arouca Mendes, Paula Duarte Rocha and Ana Berta Mazuze of Morais Leitão discuss the risks of money laundering and the need to build the necessary environment for the fintech sector to thrive

Ahmed Ramadan and Jirayr Habibian of Matouk Bassiouny examine the details and implications of Dubai’s new digital services legislation

Mahmoud Bassiouny, Yassir Ali, Nadia Abdallah and Amgad Nagy of Matouk Bassiouny, in association with AIH Law Firm, discuss Sudan’s PPP Act and the effect it will have on multinationals entering contracted partnerships

Cynthia Quarcoo, Kwabena Oppong-Kyekyeku, and Nhyiraba Yaw Sompa Okyere of CQ Legal discuss the state of Ghana’s economy in the wake of Covid-19, and opportunities for future development

Omar S Bassiouny and Suzanne El Akabaoui of Matouk Bassiouny discuss how share purchase agreements can be adapted to suit M&A deals involving companies where data is the main asset

Houda Sahri, Jean-Jérôme Khodara and Nahla Djabi of Matouk Bassiouny in association with SH-Avocats explore how the Algerian government is moving to diversify its economy, and consider the application of the 49/51 rule

Christoph Neeracher, Luca Jagmetti, and Thomas Rohde of Bär & Karrer discuss the Swiss legal restructuring and insolvency regime

Boey Swee Siang, Selina Toh, Suchitra Kumar, and Emerick Tan of RPC Premier Law examine how Singapore’s recently revised insolvency laws will support post-pandemic recovery

Mushtaq Namdarkhan, Shane Mungur, and Khalil Beebeejaun of BLC Robert & Associates assess the Bank of Mauritius’ support for companies and analyse the landscape of receiverships and administrations

Kohei Okawa of Nagashima Ohno & Tsunematsu provides a guide to the two main types of restructuring procedures in Japan, and explains the merits of each one

Danar Sunartoputra, Puji Atma, and Gery Fathurrachman of Melli Darsa & Co., Indonesian member law firm of PwC global network assess the corporate landscape in Indonesia, more than two years after the start of the Covid-19 pandemic

Restructuring is becoming more common in China. Jiuguang Zhao, Weiwei Gu, Yunjian Hou, and Jieyi Chen of Global Law Office provide a guide to the key legal provisions

Gye-Jeong Kim, Keun-Chul Song and Seung Jae Yoo of Kim & Chang take a closer look at South Korea’s approach to regulating new technologies such as DLT, blockchain and smart contracts

Leon Yee, Patrick Ong, and Jacob Low of Duane Morris & Selvam explain the rules around NFTs in Singapore, and suggest how established practices and model contracts could address uncertainty and reduce disputes

Xenia Kalogirou of Elias Neocleous & Co discusses the liquidity management tools in collective investment schemes in Cyprus and the EU Commission’s proposals to amend AIFMD and the UCITS Directive

João Nuno Riquito and Belmiro Leong of Riquito Advogados explain why usufruct over shares is a desirable option for shareholders

Reona Okazaki of Nagashima Ohno & Tsunematsu explains how disclosure practices for "Material Contracts in Management" may be revised in Japan, to give investors in companies more information.

Hiroki Takano of Nagashima Ohno & Tsunematsu explains the general treatment of contracts and claims under Japanese insolvency law

Marcus Peter and Kate Yu Rao of GSK Stockmann explain why the outlook for Chinese investment into Luxembourg continues to remain positive

Raphaël Chantelot, Ran Hu, Fanny Nguyen, Hubert Bazin and Nicolas Vanderchmitt of LPA-CGR Avocats explain why the outlook for Chinese investment in France remains promising

João Nuno Riquito and Paulo Teixeira of Riquito Advogados discuss the licensing of gaming promotion in the Macau SAR

Luky I Walalangi and Rendi Prahara Septiawedi of Walalangi & Partners discuss the challenges and opportunities faced by Indonesia’s carbon market

Cyrill Diefenbacher and Ollin Söllner of Bär & Karrer discuss the changing landscape of crypto assets, particularly non-fungible tokens, and the Swiss taxes that the buying, holding, and selling of NFTs can trigger

Yuichi Iteya of Nagashima Ohno & Tsunematsu discusses the TSE’s reorganisation of five market segments into three, and the different listing requirements that companies must comply with

Jeanne Elisabeth Donauw and Andhika Indrapraja of Walalangi & Partners discuss the rise of DFI companies, and the implications for registration and reporting as the regulating authorities seek to protect consumer data