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June/July 2019

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International Correspondents

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Tax Relief

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  • Sponsored by Mayer Brown
    Mayer Brown lawyers Jason Elder and Joo Park, who recently advised Mongolian Mortgage Corporation on a debut bond issuance, explain how the deal came together and what advisors need to know
  • Sponsored by Nagashima Ohno & Tsunematsu
    On April 19 2019, the Financial Services Agency of Japan published the Cabinet Order to Partially Amend the Order for Enforcement of the Financial Instruments and Exchange Act (draft). Of these proposed amendments, this article examines the amendment concerning disclosure regulations that relate to share compensation. Please note that, as of May 31 2019, the effective date of the proposed amendments has not been announced, and the content of the proposed amendments may change.
  • Sponsored by Sidley Austin
    Sidley Austin partners review implementation and enforcement actions across Europe and highlight risky areas in data protection to watch in the future
  • Sponsored by Brigard Urrutia
    Article 20 of Law 1882 of 2018 was very important for reactivating the financing of the 4G concession road projects, because it clearly stated the guidelines for calculating the termination payment in concession agreements in the case of early termination events caused by a declaration of invalidity. On August 30 2018, the Controller General filed a claim of partial unconstitutionality of the article before the Colombian Constitutional Court, arguing that this article contravened the prohibition of illicit enrichment, among other arguments.
  • Sponsored by Prager Dreifuss
    Prager Dreifuss lawyers Roland Böhi and Manuel Vogler explain how Swiss authorities are updating tax laws to balance a competitive regime with international standards
  • Sponsored by Stikeman Elliott
    Stikeman Elliott partners analyse Canada’s new takeover bid regime and its impact on Aurora’s recent hostile bid for competitor CanniMed
  • Sponsored by Maples Group
    The Court of Appeal's decision in Bank of Ireland v Eteams (International) brings further important legal clarity for all forms of receivables finance transactions, as well as the 'true sale' opinions given by lawyers in the context of such deals.
  • Sponsored by Consortium Legal
    The Salvadoran Law on Secured Transactions (SLST) has been in force since April 2014 by Decree No 488, which is based on the Organisation of American State´s (OAS) Model Inter-American Law on Secured Transactions. Under Article 88, the SLST clarified that the new national central registry would become operational no later than six months after this law came into force (that is, October 15 2014).The creation of the SLST had an overarching theme: to improve access to credit for micro, small and medium-sized enterprises (MSMEs), particularly those involving women-owned businesses and other marginalised groups.
  • Sponsored by Nishimura & Asahi
    For the first time in Vietnam, a unified governmental regulation on internal audit has been promulgated through Decree 05/2019/ND-CP dated January 22 2019 (Decree 05) which came into effect on April 1 2019. Previously, only a few entities, such as credit institutions and the State Bank of Vietnam, were required to conduct an internal audit under different legal regulations. Decree 05 has added new types of entities which are required to conduct an internal audit by April 1 2021 at the latest.